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US Pres. Trump may impose car taxes next week

Citing EU sources,  the WirtschaftsWoche,  German business news magazine, reported that US President Donald Trump could impose tariffs on imported cars as early as next week following the G20 meeting in Buenos Aires.

“The report recommends 25% duty on car imports from all countries except Canada and Mexico. There will be no exceptions for certain car types,” author Silke Wettach said.

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