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From Bloomberg’s Joe Wiesenthal
LUTNICK: TARIFF WILL APPLY TO FOREIGN CAR MAKERS BUILDING CARS IN U.S.
@jon-nyc
Surely an error. That makes zero sense.
It might be. While the guy who posted it is a markets guy who usually gets things right I’ve seen this reported nowhere else.
He could well have meant ‘tariff relief’ instead of tariffs. Meaning for those making 85% of a car’s content here.
Should hope so.