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U.S. auto groups tell Trump tariffs on car parts would bring 'layoffs and bankruptcy'
On April 22, a coalition of U.S. auto industry groups urged President Trump not to impose 25% tariffs on imported auto parts on May 3, warning they would cut vehicle sales and raise prices.
"Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect,” the letter said, noting "i....
"Tariffs on auto parts will scramble the global automotive supply chain and set off a domino effect,” the letter said, noting "i....
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