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Moody's reports U.S. tariffs threaten entire auto industry
On June 25, Moody's Investors Service said that 25% auto tariffs threatened by U.S. President Donald Trump would harm the credit rating outlook for the global industry.
"A 25% tariff on imported vehicles and parts would be negative for nearly every segment of the auto industry — carmakers, parts suppliers, car dealer....
"A 25% tariff on imported vehicles and parts would be negative for nearly every segment of the auto industry — carmakers, parts suppliers, car dealer....
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