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Trump’s tariffs could make your next car more expensive

Donald Trump’s proposed tariffs could raise car prices, impacting US and European automakers.Tariffs may cost carmakers 17% of annual earnings and lead to credit downgrades, per S&P Global.General Motors, Jaguar Land Rover, Stellantis, and Volvo could be hit the hardest.President-elect Donald Trump’s new tariff proposals could hit American and European…