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Automakers warn Trump metal tariffs will drive up car prices

WASHINGTON — More automakers on Friday warned that U.S. President Donald Trump’s announced steel and aluminum tariffs would boost car prices by hiking commodities costs for manufacturers. Honda said in a statement that “imprudent tariffs imposed on imported steel and aluminum would raise prices on both domestic and imported products, thus causing an unnecessary financial burden on our customers.

Source: https://www.autoblog.com/2018/03/02/trump-tariffs-car-prices/
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