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Ferrari says U.S auto tariffs will not impact 2025 financial targets

ROME – Italian luxury sports carmaker Ferrari said on Thursday its financial targets for this year will remain unchanged despite the new auto tariffs imposed by the United States.

The U.S. on Wednesday announced a 25% tariff on auto imports shaking the whole sector worldwide, as global vehicle suppliers warned of immediate price hikes and fears raise of job losses in countries with a large car industry.

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