Expensive Foreign Cars

Trump, car and tariffs

Auto Tariffs Are Likely to Lead to Much Higher Car Prices

Higher prices will deter buyers and force automakers to curtail production, said Jonathan Smoke, chief economist at Cox Automotive. He forecast that U.S. factories would produce 20,000 fewer cars per week, about 30 percent less than usual.

InsideEVs on MSN · 2d

Trump Slaps 25% Tariffs On All Imported Cars

In an address from the Oval Office, Trump said the U.S. would impose new 25% tariffs on all vehicles imported from other countries on April 2. Roughly half of the approximately 16 million vehicles sold in America in 2024 were imported, according to S&P Global Mobility—primarily from Canada, Mexico, South Korea, Japan and Germany.

The Associated Press on MSN · 16h

Trump’s auto tariffs could make owning a car more expensive

Even if you’re not in the market for a new car, U.S. President Donald Trump’s 25% tariffs on auto imports could make owning one more expensive.

Newser on MSN18h

Cars Are About to Get Even More Expensive

President Trump's 25% tariff on foreign cars—and foreign car parts—takes effect next week, and the auto industry is bracing.

2don MSN

25% Tariffs on Imported Cars, Parts Could Make New-Car Prices Jump

Tariffs starting April 3 will be levied on completed cars, trucks, and SUVs brought into the U.S. plus foreign-made parts even if used in U.S. assembly plants.

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Trump, car and tariffs

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