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German auto industry alarmed by Trump's car tariffs

  • European leaders and industry representatives criticized the tariffs, warning they could harm the economies of European manufacturers and suppliers.
  • Experts predict the tariffs will raise vehicle costs for U.S. Consumers and could lead to job losses in Europe, with some automakers hinting at price hikes.
  • European officials warn that the tariffs signal a more confrontational U.S. Trade approach, which may escalate tensions between the allies.
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  • 42% of the sources lean Left
42% Left
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IBTimes India broke the news in India on Thursday, March 27, 2025.
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