25% Tariffs on All Imported Cars Will Affect Every Model
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The tariffs will affect cars assembled in the U.S. as well, as they often contain imported parts.
From USA TODAY
Estimates vary widely and depend on the model, but the increase could range from around $3,000 for a car made in the United States to well over $10,000 for imported models.
From The New York Times
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President Donald Trump’s plan to slap a 25% tariff on imported automobiles puts consumers looking to buy a new vehicle in a tough spot. The tariffs, set to kick on in April 2, are likely to raise prices for many new cars—whether they’re assembled in the U.