From Joseph Pereira@1:124/5016 to All on Wed Aug 20 06:16:24 2025
US import tariffs have been expanded to include 407 products, including car parts. All these items will have a 50% import duty. This will end the close cooperation between Mexico, Canada, and the US. American cars will also become much more expensive, as these parts were made in Canada and Mexico for a reason. The companies Cleveland-Cliffs (NYSE:CLF) and Nucor (NYSE:NUE) had asked the Trump administration to add these products.
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