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1:14Now PlayingAmericans raced to buy cars after Trump announced tariffs on auto imports. The Big Take podcast digs into why that’s slowing down.
The auto sector saw buyers race to dealerships after President Trump announced 25% tariffs on car imports and parts from outside the US. And according to new data this week, sales from major automakers appear to be losing steam ahead of Trump’s July 9 tariff deadline.
Today on the Big Take, host David Gura sits down with Bloomberg’s Detroit bureau chief David Welch to break down how Trump’s trade war could impact car companies including Tesla, GM and Ford, and what that means for car buyers heading into the summer shopping season.
Read moreUS Auto Sales Lose Steam After TariffInduced Shopping Spree ()
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