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Automakers worst hit as Trump unveils new tariff on foreign vehicles

Share prices of automakers slid Thursday after US President Donald Trump announced painful tariffs on imported vehicles and parts as he presses hardball trade policies many fear will spark a recession. In Tokyo, Toyota — the world’s top-selling carmaker — fell two percent, Honda shed 2.5 percent while Nissan was off 1.7 percent, while Mazda Read More


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