Trump’s tariffs could push up costs even if you’re not buying a new car
- President Donald Trump announced a 25% tariff on imported automobiles on Thursday, March 27.
- The administration states this action aims to protect the US auto industry and boost domestic manufacturing.
- The United States imports cars from many countries, and the move rippled globally.
- Volkswagen stated the industry will face "negative consequences."
- Carmakers face decisions about production location, cost absorption, or passing expenses to buyers.
271 Articles
271 Articles


Trump’s tariffs aim to reverse decades of industry decline. Will they succeed?
While major firms like TSMC and Nvidia have announced massive U.S. investment in recent weeks, experts are skeptical the policies will lead to a widespread revitalization of domestic manufacturing.
'Can’t afford that': Car dealer reveals how much your payment may jump under Trump tariffs
President Donald Trump's newly announced tariffs are already causing a strong reaction among American car dealerships, who warn that their new import duties are about to translate to higher prices for buyers.David Auto Group President David Kelleher told CNN on Wednesday that monthly car payments could easily bounce almost $200 a month for buyers under Trump’s new tariffs on imports.“That car could go from $30,000, ostensibly to 37,500, and it's…
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