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Car prices are likely to start rising immediately, with popular brands like Toyota, Honda and Subaru facing some of the earliest blows from Trump's proposed tariffs.
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Dow Jones Futures Fall With Fed's Inflation Report Due; CoreWeave IPO Is Latest Bad Sign For AI Stocks Investor's Business DailyStock market today: Dow, S&P 500, Nasdaq futures slip as Wall Street faces escalating trade war Yahoo FinanceWall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty ReutersDow Jones Futures Fall Ahead Of Fed Inflation Gauge; Lululemon Plunges On Earnings Investor's Business Daily
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Japan stocks lead losses in region as Trump tariff threats keep investors on edge CNBCView Full Coverage on Google News
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Trump's Tariffs Leave Automakers With Tough, Expensive Choices The New York TimesTrump's new tariffs on imported cars could have a clear winner: Tesla NPRWhat Carmakers—and Countries—Are Most Exposed to the U.S. Auto Market? The Wall Street JournalNoted economist honored by Trump warns that 25% tariffs risk 'irreparable damage' to US automakers The Associated Press
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U.S. President Donald Trump has raised tariffs by 20% on China since January over its alleged role in the U.S. fentanyl crisis, and threatened a swath of new tariffs.
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Dow Jones Futures: Trump Tariff Losses Continue; Nvidia-Backed CoreWeave IPO A Bad Sign For AI Stocks Investor's Business DailyStock market today: Dow, S&P 500, Nasdaq futures waver as Wall Street faces escalating trade war Yahoo FinanceCNBC Daily Open: Auto tariffs put markets in reverse gear CNBC
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Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.
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President Trump's 25% tariffs on auto imports could put a financial squeeze on automakers that depend on global supply chains.
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TikTok has until April 5 to find a buyer, but Trump also said he could extend the deadline again.
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Many firms are enthused by Trump's proposals to cut taxes and regulation, but there's mounting concern that his tariffs will raise prices and squeeze margins.
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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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Dollar Tree said it could use negotiations, manufacturing changes and price increases to mitigate the effects of Trump's tariffs.
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