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Trump Defends Tariffs After Markets Close Significantly Down
What is the impact of Trump's "tariff stick"? U.S. Autos manufacturers organization: Prices will increase by 25%!
① The Automotive Innovation Alliance warns that Trump's new tariffs on Canada and Mexico will significantly increase car prices, with some models expected to rise by 25%. ② Auto Manufacturers warn that the tariffs will disrupt the North American integrated supply chain, increase Consumer costs, and put the USA auto industry at a competitive disadvantage.
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