Where Data Tells the Story
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Currently, electronics have been exempted from tariffs placed on China, but there is no indication for how long these suspensions will last.
Meanwhile, cars imported to the U.S. are attracting a 25% tariff fee.
Automakers are already feeling the pressure. Stellantis paused production at two factories and laid off hundreds of workers. Volkswagen said they'd pass on price increases to their customers.
A tariff on auto parts, expected in May, will disrupt supply chains further.