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RE: LeoThread 2025-02-03 09:39

in LeoFinancelast month

Part 2/8:

At the beginning of February, notable breaking news emerged: while tariffs had been imposed on vehicles imported from Mexico and Canada, the Trump administration announced a one-month pause on tariffs aimed at Mexico, owing to a last-minute border security deal. This pause may provide some stability in the vehicle market during a crucial time. However, the tariffs on Canadian imports remain at a staggering 25%, which could foreseeably translate into price hikes for consumers.

Price Increases and Market Implications