Platinum Demand Declines Amid Tariffs
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platinum demandReuters
•Technology
Technology
Trump's proposed auto tariffs seen hitting demand for platinum group metals

82% Informative
President Donald Trump has proposed tariffs on U.S. auto imports.
This would mean imports into the country would become more expensive, while exporters to the United States could see demand for their cars slide.
The auto sector accounts for nearly 40% of platinum demand and 80% of palladium offtake globally.
Tariffs typically fuel inflation and keep interest rates higher, potentially slowing economic growth.
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