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Consumers Brace for Higher Car Prices as Tariffs Take Hold
- Consumers are preparing for increased car prices due to tariffs that are implemented.
- North American automakers paid around $1.389 billion in import duties to the U.S. federal government in July 2025.
- Anderson Economic Group reported over $1.1 billion in tariffs was imposed on assembled vehicles from Canada and Mexico.
- The decline in cars exempt from tariffs signifies a major change for North American automakers.
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32 Articles
32 Articles
Watauga Democrat+30 Reposted by 30 other sources
Consumers brace for higher car prices as tariffs take hold
(The Center Square) – North American automakers paid about $1.389 billion in import duties in July to the U.S. federal government related to vehicles assembled in Canada and Mexico, according to a new report.
·Calhoun, United States
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Coverage Details
Total News Sources32
Leaning Left3Leaning Right7Center3Last UpdatedBias Distribution54% Right
Bias Distribution
- 54% of the sources lean Right
54% Right
L 23%
C 23%
R 54%
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