Earlier this year, some analysts predicted that President Donald J. Trump’s Made in America trade agenda would negatively impact the automotive industry by reducing sales and increasing prices. Contrary to these forecasts, U.S. auto sales have reached their highest level since 2019.
The strong performance of the auto sector is being attributed to policies implemented under President Trump’s administration. According to a statement from the press release: "This success validates President Trump’s all-out push to Make Driving Great Again."
No additional supporting facts were provided for further context.
