The Impact of Trump’s High Tariffs on Imported Vehicles: Implications for Car Prices and the Auto Industry

This weekend, numerous car buyers have been hurrying to showrooms nationwide as automakers prepare for Trump’s impending 25 percent tariffs on vehicles and auto parts manufactured outside the U.S. These tariffs, set to take effect on Thursday, could potentially increase certain car prices by thousands of dollars. Business journalist and author Micheline Maynard speaks with Lisa Desjardins to delve into the topic.