New cars on a lot at the Auto Warehousing Company near the Port of Richmond in northern California last month. Photo: Getty Images/AFP

Trump tariffs may cost US auto industry 1 million car sales a year

If companies pass the full 25 per cent cost on to consumers, it could potentially snuff out about 2 million sales, or more than 10 per cent of annual US deliveries

Topic |   United States

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New cars on a lot at the Auto Warehousing Company near the Port of Richmond in northern California last month. Photo: Getty Images/AFP
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