Automakers respond to Trump's proposed steel, aluminum import tariff increases

[NewsBot]

Last week, President Donald Trump announced a plan to place tariffs on imported steel and aluminum. Some car companies that assemble vehicles in the U.S. have responded negatively to the proposal—which sent automaker stocks tumbling on its own. Trump’s plan would impose a 25 percent tariff on imports of steel and a 10 percent tariff on...

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