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Category: Under the Hood: Industry Insights

2025 Auto Tariffs: What You Need to Know

2025 Auto Tariffs: What You Need to Know

On April 2, 2025, President Trump signed an executive order introducing a 10% minimum tariff on all U.S. imports, effective April 5. Additionally, for imported vehicles and parts, the administration introduced a 25% tariff. These measures represent a significant shift...
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