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JPMorgan Upgrades This Car Selling Marketplace, Says Tariff Worries Are Overblown

Summary by CNBC
Shares have pulled back about 29% in 2025.

4 Articles

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When President Trump announced radical tariffs to US trading partners in early April, economists warned about dire consequences: higher prices, rising unemployment, and possibly a recession. Three months later, inflation remains moderate, the labor market remains strong, and forecasters have reduced their predictions of recession. "The so-called 'experts' were wrong again," Trump said on social media last week. "Rates are making our country have…

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Business Fast broke the news in on Wednesday, July 16, 2025.
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