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President Donald Trump is imposing a 25% tariff on Canada and Mexico — where millions of U.S. automobiles are manufactured.
President Donald Trump is making good on his threats to slap tariffs on imported goods. This weekend, according to the White House, Trump will impose a 25% tariff on goods arriving from Canada and Mexico, as well as a 10% duty on China. For weeks, many automakers, car dealerships and car buyers have wondered how such tariffs might impact the auto industry. Shoppers in particular might fret over…
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