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Auto Industry Basks in a ‘False Sense of Security’ Over Trade

  • BofA analyst says risk of tariffs on imported auto parts lurks
  • Trump may still try to implement Section 232, the firm says
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China Was Willing to Sign Similar Trade Deal 18 Months Ago: Haitong International

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The risk of potential tariffs on auto parts imported into the U.S. is not yet completely removed despite the assumption by most industry watchers to the contrary, a BofA analyst warned.