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Moody’s says Trump’s Tariffs Will Disrupt Supply Chain

Moody’s said American automakers will not be immune from the import tariffs. The firm noted that both General Motors and Ford depend on imports from Mexico and Canada. “Tariffs would be a negative for both Ford and GM. The burden would be greater for GM because it depends more on imports from Mexico and Canada to support US operations,” the report said. “In addition, a significant...