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Automobiles not to be affected by Trump’s new 15% Worldwide Tariffs

On February 20, President Trump announced that in place of the earlier IEEPA-based tariffs, he is imposing a temporary import surcharge of 10% ad valorem for a period of 150 days, in accordance with section 122 of the Trade Act of 1974, beginning on February 24, 2026.
However, by February 21, Trump changed that by po....

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