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Shares of major carmakers and auto-parts manufacturers fell on Thursday after Trump said he would impose 25% tariffs on global automotive imports to the U.S., rekindling concerns about trade frictions ...

The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.

President Donald Trump on Wednesday announced 25% tariffs on all cars shipped to the United States, a significant escalation in a global trade war.