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Trump’s Tariffs Could Drive Up Car Prices and Slash Automaker Profits

November 29, 2024 Elisa Clay No comments yet

Proposed Tariffs May Add $2,100 to U.S.-Made Cars and Cut Billions from Detroit’s Big Three Former President Donald Trump’s proposed tariffs on imported auto parts could significantly impact U.S. automakers, raising car prices for consumers and reducing profits for industry giants like Ford (F), Stellantis (STLA), and General Motors (GM). Analysts project that these tariffs, […]

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