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Automakers are eating the cost of tariffs — for now

Automakers are eating the cost of tariffs — for now

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Automakers are eating the cost of tariffs — for now
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New German cars are stored at a logistic center in Essen, Germany, Monday, Feb. 3, 2025.

Last quarter, tariffs cost the auto industry billions of dollars. So far, that's come out of profits instead of being passed along to buyers. But that could change.

(Image credit: Martin Meissner)

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