How Trump's auto tariffs will impact carmakers and consumers
Donald Trump
The steep tariffs will disrupt supply chains in the auto industry with costs set to rise for consumers. SINGAPORE: Donald Trump on Wednesday (Mar 26) slapped auto tariffs on all vehicles and automotive parts coming into the US, sparking international outcry amid intensifying trade tensions. The duties are expected to significantly hit the industry, given the global nature of supply chains, and both domestic and foreign producers are unlikely to emerge unscathed. Here’s what is known so far:
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