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Apr
Apr
Trump’s Proposed 25% Auto Tariffs Could Cost U.S. Automakers $108 Billion, New Study Warns
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News Editor / 5 months
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- 1 min read
A bombshell new study reveals that former President Donald Trump’s proposed 25% tariff on all imported vehicles could backfire spectacularly, costing U.S. automakers up to $108 billion in lost sales and retaliatory measures. Conducted by the Center for Automotive Research (CAR), the analysis shows these tariffs would: Increase average vehicle prices by $6,400 for American consumers Trigger 156,000 U.S. job losses across […]