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New Tariff List Creates Risk of “Downward Cycle” for U.S. Auto Industry
Here for America
New tariffs imposed on auto parts from China will hit carmaker profits, cut sales and threaten to "start a downward cycle" in the critical industry, analysts unanimously agree.
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New Tariff List Creates Risk of “Downward Cycle” for U.S. Auto Industry

New tariffs imposed on auto parts from China will hit carmaker profits, cut sales and threaten to “start a downward cycle” in the critical industry, analysts unanimously agree. In addition, individuals in the market for a new car, you probably should head to a dealership soon, because prices will be going up.

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