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Tariffs Really Taxing the Auto Industry

John Draneas

As I write this, President Trump’s executive order that imposes 25% tariffs on imported cars has just gone into effect, and the stock market has tumbled. There is no doubt that, by the time you read this, something more will have happened. The tariffs may be changed, or even abandoned, or the automotive … Want…

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John Draneas
John practices law in the Portland, OR, suburb of Lake Oswego, where he focuses on tax and estate planning, business organizations and transactions, and representation of collector-car owners. He is a past president of the Oregon region of the Porsche Club of America and served as the chairman of the PCA’s 2006 parade. His collection includes two Porsches, a Ferrari, an Alfa, a Lotus, a BMW daily driver, a John Deere tractor — and one increasingly famous Jaguar E-type. This month’s “You Write, We Read” on p. 20 is full of SCMer advice on whether Draneas should restore his Jag.
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