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Here is How Automakers Are Reacting to Trump’s Tariffs

The Trump Administration lately introduced a 10-percent baseline tariff on all items imported into the US, together with automobiles. Some international locations will face even larger prices, with items from China topic to 34-percent tariffs, and items from the European Union topic to 20-percent tariffs. With that, we’ve reached out to automakers to see how …

Tariffs Have Arrived. Here is How Automakers Are Reacting

Replace: Added a press release from the Alliance for Automotive Innovation. The 30-day moratorium is over. The Trump Administration adopted by on a 25-percent tariff for all imported items from Canada and Mexico, successfully blowing up many years of commerce between the North American nations over claims that “unchecked drug trafficking” poses a menace to …