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Trump's Tariff Threat: Car Prices May Soar as Automakers Face New Import Duties

2025-02-18Fortune on MSN.com
Trump's Tariff Threat: Car Prices May Soar as Automakers Face New Import Duties

The US is gearing up to impose higher tariffs on imported vehicles, which could lead to a significant price hike for new cars. The administration plans to unilaterally increase the current 2.5% duty on most new light-duty vehicles, bypassing Congress ...Read more

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