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Border tax could add $2,500 to price of car or truck

from Reading Eagle

Proposals for a border tax to pay for a wall with Mexico and encourage increased manufacturing in the U.S. would add hundreds to thousands of dollars to the cost of every car and truck sold here, including those assembled in American factories. There's even a risk the tax could raise prices and reduce sales so much that the U.S. would lose manufacturing jobs, according to the Motor Equipment Manufacturers Association, the umbrella group for several supplier associations representing 1,000 companies. more


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