<ul><li>President Trump's 25% tariffs for imported vehicles have gone into effect, causing panic in the auto industry.</li><li>Analysts predict a $5,000 to $10,000 price hike on new cars due to the tariffs.</li><li>Trump's argument that consumers should buy American-made cars overlooks the complex supply chain and reliance on foreign parts in the industry.</li><li>The auto industry and US consumers are greatly impacted by the tariffs, which many consider a debacle.</li></ul>

Trump’s tariffs are ‘a debacle of epic proportions’ for the auto industry

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