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US car parts tariff could seriously damage Australia’s manufacturing industry

May 30, 2018

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The US has announced that it is considering the implementation of another import tariff.

The White House is discussing the introduction of a tariff of up to 25% on imported cars, trucks, and vehicle parts.

The tariff has been suggested on the grounds of national security, as the US aims to reduce its reliance on imported production.

Wilbur Ross, the US Secretary of Commerce, announced that a national security investigation had been launched into the imports.

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