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Instant Reaction: Trump Tariffs Hit Mexico, Canada and China

Wall Street Week

CHAPTER

Impact of Tariffs on Automotive Industry and Consumer Prices

This chapter explores the implications of President Trump's tariffs on Canada's, Mexico's, and China's automotive industries, emphasizing the potential increase in car prices for consumers. Experts discuss the expected $3,000 rise in average new vehicle costs and the broader geopolitical effects of these tariffs.

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