Seeking Alpha on auto tariffs: 'The good, the bad, and the ugly'

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SEEKING ALPHA reports:

President Donald Trump announced new tariffs on automobile imports on Wednesday. A 25% tariff will be imposed on all vehicles not manufactured in the United States, effective on April 2. The tariffs will initially start at 2.5% and gradually increase to 25%.

The tariffs will apply to both imported cars and foreign auto parts brought into the U.S. (…).

Wedbush Securities analyst Dan Ives put a number on the potential pain. “In our view, these initial tariffs (if ...