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

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

Tariffs starting April 3 are expected to lead to higher prices for new vehicles, at least in the short term. The tariffs will be levied on completed cars, trucks, and SUVs brought into the U.S. as well as on foreign-made parts even if used in U.S. assembly plants.

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Image Credits: JEFF KOWALSKY

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