1. President Trump announced new tariffs on automobile imports, with a 25% tariff on all vehicles not manufactured in the U.S. effective April 2; 2. Analysts warn that these tariffs could significantly raise car prices and disrupt the supply chain; 3. The tariffs could lead to higher car prices in the U.S. by $5,000 to $10,000 depending on the make/model/price point.
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