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Study Suggests NAFTA Exit, Border Tax Would Raise US Carmakers' Costs

from Welding Source

A U.S. exit from NAFTA or implementation of a border tax would result in many billions of dollars in additional costs for automakers and their suppliers and add hundreds of dollars to each car's production costs, according to a recent study. Republican U.S. President Donald Trump has threatened to exit the North American Free Trade Agreement if it is not renegotiated in favor of the United States. more

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