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French wine, German cars and Ozempic: These EU imports could soon get more costly thanks to Trump’s tariffs - The president said his discussions with the European Union are ‘going nowhere’ ...
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric ...
Auto analyst Mel Yu told Reuters that imported car parts account for between 40-80% of U.S.-made cars and 20-40% of the retail price. "No matter where they are made, car prices will go up," Yu said.
Among imports, about half come from Mexico and Canada, with Japan, South Korea and Germany, also major suppliers. And of the US-made cars, more than half were assembled from foreign parts, said a ...
French wine, German cars and Ozempic: These EU imports could soon get more costly thanks to Trump’s tariffs. The president said his discussions with the European Union are ‘going nowhere’ ...