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Ford and GM report big sales boosts as Trump's tariffs threaten to raise prices and hit their profits
- Ford and GM reported significant sales boosts ahead of Trump's tariffs on imported cars.
- Ford's retail sales increased by 5% in Q1, with a 19% boost in March.
- GM reported a nearly 17% jump in new vehicle sales compared to the first quarter of last year.
- Both automakers are at risk of the tariffs impacting their profits and raising car prices.
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