Auto tariffs are now in effect: Here's what it means for people buying a car
- President Trump's 25% tariffs on imported cars went into effect this Thursday.
- Trump announced these tariffs in March as part of his plan to reshape global trade relations.
- These tariffs impact imported cars and will soon extend to car parts, affecting costs.
- The Wall Street Journal suggests tariffs could cause a $12,500 price spike on imported vehicles.
- The tariffs may strain global supply chains, potentially reducing car sales and raising prices.
17 Articles
17 Articles
Tariffs could mean more expensive car repairs
DES MOINES, Iowa -- Tariffs mean more expensive car repairs according to local auto shops. Joe Burch, the owner of Burch Auto Repair in Valley Junction, said auto part suppliers are already starting to see tariff induced price hikes. "They'll see at first for sure. Eventually, it'll be passed to me and then it'll be passed on to the owners of the vehicles," Burch said. Iowa drivers share thoughts on hands-free law Burch said that for now o…
New auto tariffs could raise prices, but some dealers see an opportunity
YUMA, Ariz. (KYMA, KECY) - President Donald Trump’s proposed 25-percent tariffs on imported cars and auto parts could have a major impact on the auto industry—affecting both consumers and local businesses. While supporters of the tariffs believe they will bring manufacturing jobs back to the United States, many fear the added costs will ultimately be passed down to car buyers. Carlos Mattice, a local salesman, says the tariffs could raise prices…
Consumers Should Expect to Pay More on New Cars, Auto Experts Say
Photo: Christine Tannous ~ USA TODAY NETWORK April 3, 2025 ~ New auto tariffs announced by President Donald Trump went into effect Thursday, with auto analysts warning of significant price hikes on new cars. All cars imported into the U.S. from any country will face a 25% tariff, with a similar tariff for auto parts set to take place on May 3. While Trump said these tariffs are meant to create a surge in domestic car production, many auto analy…
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