Trump’s tariffs could raise car prices at dealerships — very quickly
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The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United States.
The tariffs would add a minimum of thousands of dollars to the cost of cars, according to experts. And not just cars that are assembled in those two countries and shipped to the United States, but also cars built at American auto plants — all of which have Canadian and Mexican parts that can not easily be replaced.
President Donald Trump had argued on the campaign trail that tariffs are the only way to save the American auto industry, even though automakers are reporting record, or near-record, profits without them. But what is clear is that tariffs could upend the production of vehicles across the continent and put the price of cars, already near record highs, out of reach for many buyers.
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Teaching
1 个月Metaphorically, Trump is both the conductor of a well-orchestrated chaos and the centerpiece of a political fresco capturing the essence of our times: disorder, spectacle, and an ever-present tension between fascination and fear. Impossible to ignore, his presence is like a supernova orbiting far too close—dazzling in its brilliance, yet ominous in its gravitational pull toward catastrophe. As for the future, the narrative seems painted on a canvas where shadows dominate the light. Pessimism casts the world as a precarious stage: the planet’s fragile fate, Canada and Greenland frozen in symbolic uncertainty, or the Panama Canal—a global artery pulsating with significance, yet threatened by transformations beyond control. And yet, emerging from this bleak picture, there is an almost cosmic irony: the hope that from this apparent chaos, something unexpected might be born. https://www.angelogeorgedecripte.blog/en/post/the-trump-donald
Shareholders | Skin Laundry | Driving Innovation and Financial Growth
1 个月Tariffs may motivate consumers to buy domestically produced vehicles, thus supporting local industries and jobs
NEWWAY FOR VICTORY!
1 个月Calculation of Spam Calls Received to Mobile Phones by Calculating Standard Error Rates in Society: BUYUKORHAN_BURSA
Patient Advocate. at ACRG
1 个月WE GET TAXED TO DEATH....... How much more value is the American dollar going to lose with all of the tariffs and "other things" going on now?? The dollar tanks... how many people are going to lose their life savings??