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[ Thu, Mar 13th 2025 ]: Reuters
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[ Thu, Mar 13th 2025 ]: Insider
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[ Wed, Mar 12th 2025 ]: Reuters
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[ Wed, Mar 12th 2025 ]: thenewsmarket
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[ Tue, Mar 11th 2025 ]: Forbes
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[ Tue, Mar 11th 2025 ]: Reuters
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[ Mon, Mar 10th 2025 ]: Reuters
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[ Fri, Mar 07th 2025 ]: Reuters
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[ Thu, Mar 06th 2025 ]: JEC
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[ Thu, Mar 06th 2025 ]: Reuters
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[ Wed, Mar 05th 2025 ]: Forbes
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[ Wed, Mar 05th 2025 ]: Reuters
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[ Tue, Mar 04th 2025 ]: MSN
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[ Tue, Mar 04th 2025 ]: CNBC
Trump's tariffs could cut North American auto production by 20,000 vehicles per day
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[ Mon, Mar 03rd 2025 ]: Forbes
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[ Mon, Mar 03rd 2025 ]: MSN
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[ Mon, Mar 03rd 2025 ]: MarketWatch
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[ Mon, Mar 03rd 2025 ]: Reuters
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Trump's tariffs could cut North American auto production by 20,000 vehicles per day

The article from MSN discusses the potential impact of former President Donald Trump's proposed tariffs on the North American auto industry. According to a study by the Center for Automotive Research (CAR), if Trump's 10% across-the-board tariffs on imports were implemented, it could lead to a significant reduction in vehicle production. Specifically, the study estimates that North American auto production could decrease by approximately 20,000 vehicles per day. This reduction would be due to increased costs from tariffs on imported parts and materials, which would raise the price of vehicles, potentially reducing demand. The tariffs would affect not only finished vehicles but also critical components like engines and transmissions, many of which are sourced from outside the U.S. The study also warns of potential job losses, retaliatory tariffs from trading partners, and a broader economic impact due to the interconnected nature of the automotive supply chain.

Read the Full CNBC Article at:
[ https://www.msn.com/en-us/money/markets/trumps-tariffs-could-cut-north-american-auto-production-by-20000-vehicles-per-day/ar-AA1AeXnp ]