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Trump imposes 25% auto tariffs: what it means for the economy and consumers

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The sharp increase in import tariffs could reshape the auto industry, impact trade relations, and drive up car prices.

President Donald Trump has announced a major shift in U.S. trade policy, raising tariffs on imported automobiles from 2.5% to 25%.

The new tariffs, set to take effect on April 2, align with his broader strategy of imposing reciprocal trade measures to support American industries.

The White House says the move aims to revitalize domestic auto manufacturing, creating jobs and reducing reliance on foreign-made vehicles.

Trump believes this policy will encourage automakers to expand operations within the U.S., rather than outsourcing production to countries like Mexico, Japan, and Germany.

However, economists warn that these tariffs could also increase costs for both automakers and consumers.

With the U.S. importing $474 billion in automotive products last year, higher tariffs may lead to rising vehicle prices, making cars more expensive for American buyers.

Trade partners, including Canada, South Korea, and the European Union, are closely watching the situation, with potential retaliatory tariffs on U.S. exports looming.

Meanwhile, U.S. automakers must navigate the challenges of supply chain disruptions and potential profit margin squeezes.

Glen Lundy, the Founder of 800% Elite Automotive Club joins Veronica Dudo to discuss.

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AWS outage sparks business reputation risks

AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.

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AWS outage underscores risks of single tech reliance; Darren Woolley offers strategies for brands to mitigate potential damage.


A major Amazon Web Services outage highlights the dangers of relying on a single tech partner, with brands facing potential repetitional damage.

Darren Woolley from TrinityP3 discusses strategies to mitigate such risks.

#AWS #CloudComputing #TechOutage #BusinessRisk #TrinityP3 #BrandReputation #TechDependency #CloudStrategy


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Bitcoin’s weakness sparks market warning

Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.

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Bitcoin’s stagnation amid asset rallies signals potential deeper issues in speculative markets, hinting at tougher times ahead.


Bitcoin’s failure to rebound while other assets rally could signal deeper cracks in speculative markets.

Analysts warn it may foreshadow tougher times ahead.

#Bitcoin #Crypto #Markets #DavidScutt #StoneX #Investing #Fed #Inflation #Stocks #MarketWarning


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OpenAI launches Atlas to rival Google

OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.

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OpenAI launches Atlas, an AI browser aimed to revolutionize online search and user interaction, challenging Google.


OpenAI has unveiled Atlas, an AI-powered browser built to challenge Google and reinvent how users search and interact online.

The launch marks a major shift in the future of web browsing.

#OpenAI #Atlas #AI #Technology #BradGastwirth #CircularTechnology #Google #SamAltman #ChatGPT #Innovation #TechNews


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