US EditionDonald Trump’s tariff threats boost demand for currency hedging
- Colorado saw a surge in car buying in early 2025, exceeding the national average.
- President Trump's announced tariffs on imports and foreign automakers drove the increased demand.
- Dealerships experienced a 150% business spike just before the April tariffs took effect.
- Matthew Groves stated, "The threat of tariffs, rather than the tariffs themselves, actually turned out to be a huge boon."
- Future sales are uncertain, as Colorado sales could drop or rise based on tariff adjustments.
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Trump's tariffs will turn the car industry upside down
With tariffs Donald Trump wants to attract as much car industry as possible to the USA. But can this even succeed? Is Tesla preferred here? How do the international corporations react? And what does the US consumers expect when buying cars?
·Vienna, Austria
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Total News Sources4
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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