Automakers urge Trump not to impose tariffs on factory robots, machinery
NegativeFinancial Markets

Automakers are expressing strong concerns to President Trump about the potential imposition of tariffs on factory robots and machinery. This move could significantly increase production costs and disrupt the supply chain, ultimately affecting consumers with higher prices. The industry argues that such tariffs would hinder innovation and competitiveness in the global market, making it crucial for the administration to reconsider its stance.
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