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UK Tariffs Analyst (CR)

By ASSOCIATED PRESS - Mar 27, 2025, 07:58 AM ET
Last Updated - Mar 27, 2025, 07:58 AM EDT

Car expert explains impact of newly announced Trump tariffs

U.S. President Donald Trump said Wednesday he was placing 25% tariffs on all auto imports, a move the White House claims will foster domestic manufacturing. However, experts say the tariffs could also put a financial squeeze on U.S. automakers that depend on global supply chains.
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