A Kentucky car dealer lamented that he’s never going to be able to grow his business if President Donald Trump’s trade war continues on this track.
In an interview with CNN that aired Thursday, Steve Gates boasted his nine dealerships in three states with nearly 700 employees. He wants to hire more people and “add rooftops,” but Trump’s trade war is causing him some fear.
“Scared because the president’s trade fight with China and the world taking a bite out of the automotive industry, slowing sales, crimping growth, creating uncertainty,” the report revealed.
He called it “unfair” because he works “so hard” daily but the politicians are dictating his future.
“It just seems wrong,” he said.
Gates isn’t alone. A firm that tracks job losses found that nearly 20,000 jobs in the automotive sector are now gone and there’s an expectation that 25 percent of those jobs are about to go next.
“The U.S. Auto industry hit by tariffs and price increases for over a year now,” CNN reported. “First due to steel and aluminum tariffs in March 2018. Then tariffs on Chinese-made car parts in July and again in September last year. Then last week, even higher tariffs imposed again on Chinese auto parts among other materials. Here in Kentucky, it’s not just car production and sales feeling the tariff pinch.”
Stories have mostly been about struggling farmers, who were promised a bailout by the Trump administration. It didn’t do much to stop the bleeding.
At least one soybean farmer said that he’s being forced to take $65,000 out of his own savings to plant a crop this season. Planting is better than not planting because he knows he’ll lose money, but he’ll lose less money that way. One farmer proclaimed he would never vote for Trump again.
As of January 2018, the trade war cost Americans $13 billion.
Watch the full report below:
‘The worst day of the presidency so far for Donald Trump’: Advisor to four presidents
President Donald Trump has not had a worse day in office than he suffered on Friday, according to a top former White House advisor.
David Gergen served in the administrations of Richard Nixon, Gerald Ford, Ronald Reagan and Bill Clinton. He was interviewed Friday night by CNN's Anderson Cooper.
"If you are looking to throw somebody under the bus, Gordon Sondland would probably be a prime candidate to be next in line to be thrown under the bus," Cooper said.
"I think the president will wait patiently to see what he says and then decide," Gergen replied.
He then offered his analysis of the situation.
‘Aides to the president are not happy’ Gordon Sondland held the phone up in restaurant: CNN’s Jim Acosta
CNN White House correspondent Jim Acosta reported on Friday that White House aides are unhappy with Ambassador Gordon Sondland for holding up a call with Trump in a restaurant for multiple witnesses to listen.
The details were revealed in bombshell closed-door testimony before Congress on Friday.
Acosta noted the administration was trying to downplay the significance of the call.
"But I will tell you, that the aides of the president are not happy that Gordon Sondland apparently held the phone up so other aides could hear what was going on and the words of the source familiar with the conversations inside the White House, the president speaks loudly, Sondland should know that," Acosta reported.
David Holmes’ opening statement to Congress directly implicated Donald Trump: report
Congress will hear first-hand testimony of President Donald Trump's involvement in the Ukraine scandal.
"David Holmes, the state department aide who overheard President Donald Trump's conversation with the US ambassador to the European Union Gordon Sondland, said that Sondland told Trump that the Ukranian President would do 'anything you ask him to,' and that he confirmed the Ukrainians were going to 'do the investigation,'" CNN reported Friday.
""Sondland told Trump that (Ukrainian President Volodymyr) Zelensky 'loves your ass,'" Holmes testified. "I then heard President Trump ask, 'So, he's gonna do the investigation?' Ambassador Sondland replied that 'he's gonna do it,' adding that President Zelensky will do 'anything you ask him to.'"