The Peter Zeihan Podcast Series Auto Tariffs and the Art of Routine Vehicle Maintenance || Peter Zeihan
9 snips
Apr 3, 2025 The discussion delves into the implications of new auto tariffs, revealing how a 25% tariff on imports will heighten vehicle costs in the U.S. by $2,000 to $3,000 on average. Insights into the complexities of which brands will be affected are also provided. Additionally, the importance of routine vehicle maintenance is touched upon. It's a fascinating intersection of economic policy and practical advice for car owners.
AI Snips
Chapters
Transcript
Episode notes
Auto Tariffs and Their Impact
- A new 25% tariff on imported cars and car parts has been announced, impacting vehicles not made within NAFTA.
- This tariff will increase vehicle costs in the US by $2,000-$3,000, depending on the vehicle's origin and content.
Global Automotive Content
- All automakers produce a variety of car parts, leading to global interdependence and varying import content.
- American, Japanese (especially Toyota), and some Korean cars often have more North American content, unlike European vehicles.
Car Buying Advice in a Tariff Era
- Consider a car's origin and North American content when assessing its price increase due to new tariffs.
- Vehicles with more imported parts (especially European) will likely see a higher price hike.