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Thursday, July 26, 2018

Tariffs ding Detroit automakers' profit forecasts, stocks hit

  Mian Adeel Soomro       Thursday, July 26, 2018
Detroit automakers General Motors Co , Ford Motor Co and Fiat Chrysler Automobiles NV (FCA) lowered their full-year profit forecasts on Wednesday due to escalating tariffs, hitting their stocks as investors bet that escalating trade disputes would hurt margins and sales.


from Reuters: Business News https://ift.tt/2LSHtCk
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