Tariffs Will Hit These Car Brands the Hardest
6 Articles
6 Articles
Tariffs Will Hit These Car Brands the Hardest
Tariffs on imported goods can have a wide ripple effect on prices, especially in the auto industry where supply chains are global, complex, and highly sensitive to cost changes. In this graphic, Visual Capitalist's Marcus Lu reveals how tariffs will impact U.S. car prices, assuming a flat 25% tariff is applied onto vehicles imported from outside North America. Data & Discussion The data for this visualization comes from Insurify, which projected…
Trump's Proposed Auto Tariffs Could Raise Car Prices by 15%
The recent move of President Donald Trump to impose a 25 percent tariff on all cars and auto parts imported into the country has left the automotive industry in shock. The decision which is meant to help boost local production, is also likely to make car prices go up by as much as 15 per cent as industry experts estimate. To the consumer, this may spell out thousands of extra dollars on new and used cars. The car-makers are gearing up for major …
The tariffs implemented by the United States could have a direct effect on car prices, which would impact the demand for vehicles in Mexico, Fitch Ratings said.This, coupled with the 0.4% economic contraction that the qualifier expects for Mexico in 2025, would also be reflected in the slowdown in automotive credit granted by entities such as brand-name financials. “We could see a slowdown in the growth of these entities’ portfolios after they c…
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