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Even drivers who aren’t buying cars will pay for tariffs soon
Consumers have been racing to snatch up cars in recent weeks before President Donald Trump’s auto tariffs trigger widely expected price hikes. But even drivers who aren’t buying vehicles can expect to pay more for repairs and insurance.
Should you buy a new car before auto tariffs take effect on April 3?
The 25% auto tariffs, set to take effect on April 3, will apply to imported passenger vehicles, including cars, SUVs, minivans, cargo vans and light trucks, according to a White House statement released after Trump's Oval Office remarks on Wednesday.
President Trump's steep new tariffs on foreign cars could lead to a sharp decline in U.S. vehicle sales, according to S&P ...
Between the slate of tariffs currently in effect and proposed tariffs on car parts, the cost of car ownership is rising. And that's true even if you're not in the market for a vehicle.
President Trump signed an executive order imposing 25% tariffs on all cars and light-duty trucks imported into the United States. The Detroit 3 automakers will be affected by the tariffs.
Auto tariffs took effect Thursday, which is projected to raise the prices of cars for consumers. These 25% tariffs affect vehicles imported to the U.S. and are likely to expand to auto parts ...
Automotive experts say tariffs could reduce the number of entry level-priced vehicles in the market as dealerships cut back ...
The average price for a new car was $48,039 in February, according to Kelley Blue Book. While the auto tariffs target imported vehicles, prices of domestic cars could also increase, because ...
Tariffs put the U.S. at a short-term disadvantage and will harm competition for North American automakers once Chinese automakers arrive, Lawler said.
Tesla's plans to ship components from China for Cybercab and Semi electric trucks in the United States were suspended after ...
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