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Trump's auto tariffs kick in, 'Prices will go up'
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A 25% tariff on imported cars went into effect Thursday, and the same tariff on imported car parts is set to begin within a month.
President Trump's tariffs mean that an imported car that used to cost $40,000 will now cost $50,000, and consumers will absorb that price hike.
President Trump's tariffs mean that an imported car that used to cost $40,000 will now cost $50,000, and consumers will absorb that price hike.
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