hereforamerica
Auto tariffs will raise prices and hurt the economy
Here for America
One way for companies to offset new costs is to raise prices, and here the tariffs have the potential to do real damage to American consumers. List prices for popular, mid-level vehicles have been projected to rise by anywhere from $1,800 to more than $5,000 if these tariffs are imposed.
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Auto tariffs will raise prices and hurt the economy

“One way for companies to offset new costs is to raise prices, and here the tariffs have the potential to do real damage to American consumers. List prices for popular, mid-level vehicles have been projected to rise by anywhere from $1,800 to more than $5,000 if these tariffs are imposed. Since the taxes apply to car parts, repairs and insurance would also become more expensive. At a time when the economy is humming along, reducing the spending power of consumers like this would be a self-inflicted wound.”

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