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Layoffs from Trump tariffs ripple across the auto-parts Industry

Tariffs have upended the planning of companies that provide parts to automakers

Bloomberg News

Elena Morales, the president of SMT Automation, had been preparing for a big year at the tiny Michigan maker of manufacturing machinery. Morales had purchased a new building and hired staff in anticipation of installing more equipment on automotive assembly lines. Her customers, who are some of the biggest automakers and parts suppliers in the […]

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