UBS On-Air: Paul Donovan Daily Audio 'Tax facts'
UBS On-Air: Market Moves · Podcast owner
March 27, 20252m 45s
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Show Notes
US President Trump announced an aggressive tax increase for US consumers, with a 25% tariff on imported cars. Officials later clarified it also covers car parts. The tax will raise US inflation and lower growth, but the full impact will take time.