A Car Buyer’s Guide to Getting a Good Deal in the Era of Trump’s Tariffs
Teona Gherasim
A mericans were already concerned about inflation when President Donald Trump announced 25% tariffs on imported automobiles and car parts on Wednesday. An analysis by economist Arthur Laffer shows the tariffs could add $4,711 to the cost of a vehicle. But industry experts say consumers should not worry prematurely. “You don't need to panic,” Brian Moody, executive editor at Autotrader, tells TIME, pointing to the constantly evolving tariff policies enacted by the Trump Administration. “If
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