00:00Trump just gave Toyota a gift and it wasn't even on purpose.
00:03A new 15% tariff on imported vehicles was meant to protect American car makers.
00:09But Toyota's stock spiked 8% while Ford and GM got buried under new costs.
00:14Here's the twist.
00:15Toyota's supply chain is more US-based than some American automakers.
00:19Meanwhile, Ford and GM are now paying 50% more for steel and copper,
00:2425% more on parts from Canada and Mexico,
00:27and a 55% hit on components from China.
00:30Even Tesla can't escape this squeeze.
00:32This America first policy may have just awarded a Japanese rival.
00:37Should we rethink how tariffs are structured or is this just good strategy from Toyota?
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