The Bulletin April 24, 2025
The rundown: Detroit's comeback after decades of decline could now be undermined by the impact of President Trump's tariffs on the American car manufacturing industry, experts warned. Here's how.
Why it matters: In the 1950s, when General Motors employed hundreds of thousands of Americans, Detroit grew to become the fifth largest in the country, with over 1.8 million residents. But by the 1970s, the U.S. auto industry and the so-called Big Three—General Motors, Ford and Chrysler (now Stellantis)—were experiencing severe economic distress. But since the COVID-19 pandemic, Detroit has experienced an unexpected resurgence. With car manufacturing at the city's core, new levies on steel, aluminum and imports could spike production costs, trigger layoffs and stall housing growth. Auto-related tariffs threaten not only car affordability but also Detroit's economic momentum, putting thousands of jobs—and the city's comeback story—at risk.
Read more in-depth coverage:
Nissan Responds to Trump Tariffs with Agile, In-Your-Face Marketing
TL/DR: "There are so many households here connected to the automotive industry in some way. If the tariffs result in the 'Big Three' and their suppliers laying off local employees, then that won't net out positively for the home market activity this year," Michigan-based Redfin agent Desiree Bourgeois told Newsweek.
What happens now? Pat Ryan, CEO of the car shopping app CoPilot, does not doubt that the Trump administration's tariffs will result in higher costs for American automakers. "Tariffs will push car prices up in the short term. In the long term, they will create a complicated, expensive process for automakers as they look to shift their entire production to the U.S.'
Deeper reading Will Tariffs Spell the End of Detroit's Resurgence?
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