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Trump’s Deals Cast China Both As Foe And Prize, Blurring Signals

Summary by Bloomberg
Pick through the details of recent US trade negotiations and an outline of Donald Trump’s vision for the global economy starts to come into focus. As do its contradictions.

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(Reform Agency) Monterrey.- Tesla, Elon Musk’s car manufacturer, will remain virtually exempt from the projected negative impact of Donald Trump’s tariffs on the U.S. and global automotive industry, experts reported to Newsweek. Insurify’s digital insurer predicts that Musk’s company will experience a modest 5% increase in sales prices as a result of Trump’s trade policies, while car sales prices in the U.S. generally face an average 15% rise. I…

Tesla will feel almost no impact from Trump's tariffs on the auto industry - Newsweek Insurify experts believe that Tesla will suffer the least from Trump's tariffs. Prices will increase by 5%, and insurance - by 3%, which is the lowest among brands.

·Kyiv, Ukraine
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Driving broke the news in on Friday, May 16, 2025.
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