New China tariff list creates risk of 'downward cycle' for US auto industry

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New China tariff list creates risk of 'downward cycle' for US auto industry
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If you're in the market for a new car, you probably should head to a dealership soon.

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So, Trump is using Tariff as a tax revenue which compensates for the billions lost in taxes when he gave the top 5% a tax cut! This approach might look good on shoet terms but will be costly to American households in the long run.

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