Auto industry starts counting cost of Trump’s threatened Mexico tariffs
June 4, 2019Trump says Republicans would be ‘foolish’ to block Mexican tariffs
June 4, 2019Automakers say Trump’s threatened Mexico tariffs would cost billions
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Toyota Motor Corp said on Tuesday that U.S. President Donald Trump’s proposal to slap tariffs on Mexican-made goods could cost its major suppliers $1 billion, highlighting growing concern in the U.S. auto sector about the potential damage of a new front in the Trump administration’s trade wars.
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