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Shares of Asia's automakers extended declines for a second day as investors continue to parse Donald Trump's tariffs on cars not made in the country.
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President Trump's newly announced 25% import tariffs on foreign cars will increase vehicle prices by thousands of dollars, experts say, but Tesla is likely to fare better than other carmakers.
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Global uncertainty over Trump's tariffs could derail the chancellor's plans, economists warn.
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The 25% tariffs on imported cars will take effect next week.
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