Car prices will surge by thousands of dollars because of Trump’s tariffs. It’ll happen before you expect it
Government
New York CNN — Get ready to pay more for your next car. Auto prices in the United States will start to rise very soon – perhaps within the next few weeks. That’s because President Donald Trump once again announced plans for 25% tariffs on imported cars and parts that will go into effect April 3, a move that will raise the cost of producing all cars sold in the United States – both imports and those built in American factories – by thousands of dollars each. Those additional costs will rapidly
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