Source: LMC Automotive
Tariff talk is once again dominating the headlines, this time possibly with more bite than just bark. Aside from the broad-brush, large-dollar amounts specifically levied at China, which hit several industries, the auto industry is front and center. Impact comes from the steel and aluminum tariffs now in place, and the threat of a 25% tariff on vehicles imported into the US (which, yes, includes those vehicles built in Canada and Mexico).
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