US Auto Sales Plummet Amidst Tariffs and Economic Uncertainty
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US auto sales plummeted in June to an annual rate of 15 million, down from 17.6 million in April, marking the slowest pace in a year. This slowdown follows President Trump's tariffs on imported vehicles, which have increased prices and caused consumer hesitation. Analysts predict further declines due to affordability concerns and economic uncertainty, with some estimating price increases of up to $10,000 per vehicle.
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