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Wall Street Maverick Warns That Tariffs Will Harm The Auto Industry

  • Wedbush Securities analyst Dan Ives warns about the impact of Trump's tariffs on the auto industry.
  • Ives believes the tariffs could disrupt the global automotive ecosystem and create expensive cars.
  • He predicts that the average price of vehicles in the U.S. could increase by $5,000 to $15,000.
  • The tariffs may lead to a decline in new car purchases and have implications for automakers and parts suppliers.

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