Trump, tariffs and imported cars
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The White House says these tariffs will foster domestic manufacturing and raise $100 billion in revenue annually, but economists stress that straining the auto industry's global supply chain brings s...
From Yahoo
From Donald Trump turning up the heat again, to 23andMe fearing the worst, we round up the big stories in business and finance over the week to March 28.
From Reuters
Mr. Trump threatened auto executives on a call this month not to raise prices if he went ahead with his tariffs.
From Wall Street Journal
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President Donald Trump is creating a no-win situation for car makers by raising costs with tariffs and asking car makers not to adjust their prices. General Motors and Ford Motor stocks are falling.On Thursday,
Bay Area car dealerships are expected to be busy this weekend as buyers seek to close deals, as the Trump administration's looming tariffs on imported vehicles may soon take effect, possibly as early as next week.
Trump's 25% auto tariffs will unleash "pure chaos," according to Wedbush analyst Dan Ives, but the Trump administration argues it is rebuilding an industry the U.S. squandered over decades through the wrong trade policies.
The L.A. Lakers beat the Indiana Pacers 120-119 after a tip-in buzzer-beater by LeBron James, who also spent the day addressing the spat with Stephen A. Smith on The Pat McAfee Show, which led to some more back and forths. [Yahoo Sports]
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