US car buyers face higher prices, less choice under Trump's tariffs

  • Posted on March 29, 2025
  • By Business News Today
  • 4 Views
US car buyers face higher prices, less choice under Trump's tariffs

President Donald Trump's 25% tariffs on car and auto parts are expected to lead to higher prices, reduced model availability, and fewer features for consumers. Automakers will likely pass on the increased costs, affecting affordable models and potentially pricing more Americans out of the market.
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