Trump's auto tariffs could be boon for rental car companies

President Donald Trump’s recently announced auto tariffs could potentially be a boon for rental car companies. 

Hertz on Thursday saw its stock price post a jump of over 20%, and another rental car company, Avis, posted a double-digit increase the same day. 

The jumps that those rental car companies experienced Thursday came the day after the president revealed he was imposing a new 25% auto import tariff in early April.

PRESIDENT DONALD TRUMP ANNOUNCES NEW AUTO TARIFFS

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