How will Trump's auto tariffs affect car prices?

Car Tariffs Are Coming. For Some Buyers, That Was a Reason to Act.

Ziggy Duchnowski spent Saturday morning car shopping along Northern Boulevard in Queens with two goals in mind. He wanted to find a new small car for his wife, and he hoped to strike a deal before the new tariffs that President Trump is imposing on imported cars and trucks affect prices. “The word on the street is prices are going to shoot up now,” said Mr. Duchnowski, 45, a union carpenter who voted for Mr. Trump, holding the hands of his two s…

Experts expect car prices to rise by thousands of dollars as a result of the Trump administration's new tariffs.

Trump’s tariffs cast doubt on Hawaii vehicle sales forecast

Hawaii’s auto dealers ended 2024 down 3% in sales and were expecting a rebound this year until the enthusiasm was abruptly halted when President Donald Trump announced 25% tariffs on foreign auto imports and auto parts this week. The Hawaii Automobile Dealers Association represents 71 new-vehicle sellers across the state that “are concerned there could be higher prices in Hawaii,” said Melissa Pavlicek, the association’s executive director. The …

Tariffs to add $5K to car prices

WASHINGTON — Noted economist Arthur Laffer warned in a new analysis that President Donald Trump's 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S.…

Billings car experts brace for potential price increases as auto tariffs loom

BILLINGS The decision to buy a car can be a daunting one for many consumers, but the upcoming 25% tariff on imported vehicles could make the process even more complicated. Local experts and dealerships in Billings are cautious and uncertain about the impact on prices and availability.Watch the full video below: Billings car experts brace for potential price increases as auto tariffs loomPresident Donald Trump announced this week that 25% tariffs…

Impending auto tariffs have some Detroit shoppers racing to beat price increases

President Donald Trump said Wednesday his administration will impose 25% tariffs on car parts coming into the U.S., in addition to fully assembled vehicles.