If the United States provides no exemptions when imposing a 25 percent tariff on auto sector imports, it could cost over a million U.S. jobs and even plunge the country into a recession, especially amid China's retaliation against previous U.S. tariffs.
Earlier this year, Washington imposed tariffs on steel and aluminum, provoking retaliation. Now, the U.S. is mulling 25 percent tariffs on cars, and the stakes couldn't be higher....
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