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Tariffs are once again at the center of a growing economic storm, and this time, analysts are worried they will hurt the electric vehicle industry.
President Donald Trump has now set an effective 125% tariff on Chinese imports, threatening to impact global supply chains and raising market uncertainty. Analysts warn that these tariffs, if in place for an “extended” period, may disrupt supply chains, increase production costs, and significantly burden American automakers like Tesla (TSLA).