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Trump Tariffs Could Cut U.S. Auto Sales By Up To 10%

Greg Gardner

  US President Donald Trump and Canadian Prime Minister Justin Trudeau hold a meeting on the sidelines of the G-7 Summit in La Malbaie, Quebec, Canada, June 8, 2018. If the Trump administration’s tariffs on imported steel and aluminum are extended to imported vehicles, U.S. auto sales could fall by as much as 2 million vehicles this year, according to a forecast by LMC Automotive.