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Trump’s auto tariff delay might benefit Tesla & the Big 3

  • President Trump announced 25% tariffs on imported vehicles in late March for implementation on April 3, 2025.
  • These tariffs, part of Trump's trade agenda, aimed to help car companies, but also stirred volatility.
  • The tariffs targeted both fully assembled vehicles and auto parts, with tariffs on parts scheduled to start later.
  • Analyst Dan Ives warned the tariffs could cause "pure chaos" and raise car prices by $5,000 to $10,000.
  • A potential delay offers relief to Tesla, GM, Ford, and Stellantis, given their reliance on imported parts.
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The Globe & Mail broke the news in Canada on Wednesday, April 16, 2025.
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