5min chapter

Bloomberg Businessweek cover image

Car Prices Are Poised for $12,000 Surge on Trump’s New Tariffs

Bloomberg Businessweek

CHAPTER

Tariff Turmoil in the Auto Industry

This chapter examines the projected impact of new tariffs on car prices in the U.S., especially for vehicles manufactured in Canada and Mexico. It highlights the complexities of the automotive supply chain and how major automakers are navigating the financial challenges posed by these tariffs amidst a shifting market landscape.

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