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Car Prices Are Poised for $12,000 Surge on Trump's New Tariffs

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. sed-for-12-000-surge-on-trump-s-new-tariffs.html
  Print publication without navigation Published in Business and Finance on by Fortune
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Tariffs of 25% on imports from Canada and Mexico threaten to exacerbate an automotive affordability crisis that is already driving buyers out of the market.

The article from Fortune, dated March 3, 2025, discusses the potential impact of new tariffs proposed by former President Donald Trump on car prices. If implemented, these tariffs could lead to a significant increase in car prices, with estimates suggesting a surge of up to $12,000 per vehicle. The proposed tariffs target vehicles imported from countries like China and Mexico, aiming to protect American auto manufacturers. However, this move could result in higher costs for consumers and might affect the affordability of cars across the U.S. The article also mentions the ongoing debate about the effectiveness of such tariffs in boosting domestic production versus their potential to strain international trade relations and increase prices for American buyers.

Read the Full Fortune Article at:
[ https://fortune.com/2025/03/03/car-prices-are-poised-for-12000-surge-on-trumps-new-tariffs/ ]