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"The US, Mexico, Canada, and China are engaged in a trade war, with President Trump announcing 25% tariffs on imports from Canada and Mexico, and 10% tariffs on imports from China. The automotive sector is particularly affected, with General Motors, Ford, and Stellantis falling due to their reliance on imports from Mexico. Other sectors, such as technology, liquor, and retail, are also experiencing declines as companies rely on production and sales in China, Mexico, and other nations."
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