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Toyota Industries Agrees to $42 Billion Buyout from Toyota Group Amidst Market Optimism

In a significant development within Japan’s automotive sector, Toyota Industries Corporation is set to accept a $42 billion takeover offer from Toyota Motor Corporation and

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Global Markets React as Trump Doubles Steel Tariffs to 50%; Cleveland-Cliffs Leads U.S. Stock Surge

Global financial markets responded sharply to President Donald Trump’s announcement of doubling tariffs on imported steel and aluminum from 25% to 50%, effective June 4.

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Auto Industry Apocalypse? 60% China Tariffs Could Add $18,000 to EV Prices, Force 120,000 Layoffs

A confidential Ford Motor Company assessment obtained by CNBC reveals catastrophic scenarios for the auto industry under proposed Trump tariffs:Leaked Report Findings:Cost BreakdownBattery packs: +$8,200

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