
Trump Tariffs Set to Send Car Prices Soaring Up to $12,000 Higher
https://www.thedailybeast.com/trump-tariffs-set-to-send-car-prices-soaring-up-to-12000-higher/
Posted by thedailybeast

Trump Tariffs Set to Send Car Prices Soaring Up to $12,000 Higher
https://www.thedailybeast.com/trump-tariffs-set-to-send-car-prices-soaring-up-to-12000-higher/
Posted by thedailybeast
4 comments
According to automotive experts, President Donald Trump’s tariffs are expected to raise car prices by as much as $12,000 per vehicle.
On Tuesday, Trump intends to impose sweeping tariffs—an import tax incurred by American companies usually passed on to consumers—on products from Canada and Mexico. This will lead to higher prices for vehicles and vehicle parts produced in those countries.
Used cars are going to become very popular. Which sadly will skyrocket the cost of a used car.
Are US car companies having to pay tariffs to sell cars in the US?
Time for stock market to tank
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