Automakers are facing higher costs and increased car prices in response to President Trump’s new 25 percent tariffs on imported cars and parts. Options include moving production to the U.S., increasing domestic production, and ceasing imported model sales, but all choices will lead to price hikes for consumers. Tariffs may add thousands of dollars to car prices, prompting some companies to consider operational changes while others hope for a consumer backlash to prompt policy reversal.
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2 Unstoppable Stocks That I'm Buying If the Market Crashes Again
The market is showing signs of recovery from recent lows, yet future announcements from the White House or Federal Reserve could trigger another downturn. To prepare for this possibility, it's advisable to maintain a list of stocks to buy during a market crash. At the top of this list are Nvidia (NASDAQ: NVDA) and Taiwan Semiconductor Manufacturing (NYSE: TSM), which would be among the first purchases if a significant drop occurs. Full Article
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