Auto industry tells Trump that tariffs on car parts will mean 'layoffs and bankruptcy'

MSN - 07:01
A coalition of auto industry groups, including manufacturers and dealers, say in a letter that car parts tariffs will cripple industry.

A coalition of U.S. auto industry groups on April 22 urged President Donald Trump not to impose 25% tariffs on imported auto parts, warning they would cut vehicle sales and raise prices.

Trump said earlier he plans to impose tariffs of 25% on auto parts no lat...
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