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March 27, 2025

Trump Announces 25% Tariffs on Imported Cars and Auto Parts
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Trump announced a new 25% tariff on imported cars and auto parts. It's
set to take effect April 2, which Trump's been referring to as
"liberation day." The tariffs will also apply to U.S. brands that have
been assembled outside the country. Consumers could see car prices shoot
up by $4,000 to $12,000.


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