President Donald Trump says he is placing 25% tariffs on auto imports, a move the White House claims will foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.
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Trump announces auto tariffs at a White House news conference

President Donald Trump says he is placing 25% tariffs on auto imports, a move the White House claims will foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.
 
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