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Major Changes in the Auto Industry: 25% Tariff on Imported Cars
In a bold and controversial decision, the U.S. government has announced a significant 25% tariff on all cars not manufactured within the United States. This move, spearheaded by President Trump, is poised to create substantial waves across the automotive industry both domestically and globally. The implications of this tariff are far-reaching, especially for major automakers and electric vehicle (EV) manufacturers like Tesla.