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Trump floats higher auto tariff, guts California gas-car ban

GM plans to invest $4B in US plants

Bloomberg News

President Donald Trump said he may raise US auto tariffs in order to boost domestic auto manufacturing, a move that could further ratchet up tensions with trading partners. Trump spoke Thursday at a signing ceremony for legislation terminating California regulations that would have banned the sale of gasoline-powered cars in 2035 — a long-sought victory […]

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