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February 3, 2025

Auto Stocks Dive Amid Trump Tariffs: What This Means for the Industry

Shares of major auto companies experienced a steep decline on Monday following President Trump’s long-anticipated introduction of tariffs on imports from Canada, Mexico, and China. Analysts predict that these tariffs will have significant ramifications for the global automotive sector, given the industryโ€™s heavy reliance on manufacturing operations in North America and its complex supply chains.

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