New import tariffs could drive up car prices
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Detroit Free Press |
A 25% tariff on all cars and light-duty trucks imported into the U.S. that's set to go into effect next week won't just cause new car prices to rise.
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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