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Trump Announces 25% Tariffs on All Cars Made Outside U.S.

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Impacts
Insider |
Experts predict manufacturing costs will rise anywhere from $4,000 to $12,000, with automakers passing much of that cost on to consumers in the form of higher prices.
Reuters |
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.

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Trump tariffs: 39 imported cars and trucks that are likely to see price hikes
Trump's new round of tariffs are likely to result in price hikes on wide swaths of cars and trucks, not just those assembled in Mexico and Canada.
These car brands, auto suppliers will be hit by Trump's auto tariffs
All three Detroit automakers, along with others, build vehicles in Canada and Mexico that will face tariffs imposed by Trump.
Trump Announces 25% Tariffs on Imported Cars and Car Parts
The measure, which is intended to bring car factories to the United States, could significantly raise prices for consumers.
Why Trump's auto tariffs will hurt his working-class supporters
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.
Trump says he 'couldn't care less' about higher car prices
Some analysts have warned that Trump's import charges could lead to the temporary shutdown of some US car production, with increased prices passed onto consumers. But the US president told NBC News on Saturday that he hoped foreign carmakers will raise prices as it meant "people are gonna buy American-made cars - we have plenty".
Trump's Promised 'Liberation Day' of Tariffs Is Coming. Here's What It Could Mean for You
The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of h
How Much Of Your Car Is Really Made In The USA?
The Volvo S60 T8 Plug-In Hybrid is made up of 20% American-made parts, 15% Finnish-made parts, and 15% Swedish-made parts. However, the majority of cars aren’t split across so many countries. Instead, most are either built entirely within the US/Canada or outside of it. Some of the details might still surprise consumers, though.
Donald Trump moves to protect US auto industry with 25 per cent hefty import tariffs
The tariffs, set to take effect on April 2, will impact nearly half of all vehicles sold in the United States, including American brands assembled overseas.
New York Post4d
Trump announces 25% tariffs on all foreign-made cars
WASHINGTON — President Trump announced a new 25% tariff on foreign-made cars Wednesday — impacting roughly half of all vehicles sold in America — arguing it would boost domestic manufacturing.
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