WASHINGTON/NEW YORK -- Donald Trump's return to the White House, along with his inward-looking protectionist policies, threatens to raise annual U.S. auto production costs by $40 billion, analyses show, as well as slow steps towards decarbonization and artificial intelligence technologies.
U.S. elections 2024
Trump tariffs risk raising U.S. auto production costs by $40bn
'America First' policies may also slow renewable energy and tech development
U.S. auto and steel production costs could go up if Trump raises tariffs as promised. (Nikkei montage)
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