Trade policy measures including a 10% universal tariff and additional targeted measures affecting U.S. businesses and consumers.
The automotive industry faces a 25% tariff on imported vehicles and parts affecting supply chains worth $460 billion annually.
"The automotive industry is grappling with a 25% tariff on imported vehicles and parts—a measure that could disrupt supply chains worth $460 billion annually."
Price increases for consumer electronics like smartphones and laptops are expected within the first four months due to tariffs.
"Price increases for consumer electronics such as smartphones and laptops are expected within the first four months."
Retail businesses expect tariff-related price increases to hit within the first four months as inventory turnover reveals higher costs.
"These increases are expected to hit within the first four months as inventory turnover reveals higher costs."
The 2025 tariffs include a 10% universal tariff and additional targeted measures on key trading partners.
"These tariffs, which include a 10% universal tariff and additional targeted measures on key trading partners"
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