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Car Buyers May Face Sticker Shock from Trump’s Proposed Auto Tariffs
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A PIIE analysis finds that implementing auto tariffs under Section 232 would raise car prices for buyers between $1,400 and $7,000 for the top selling models.
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Car Buyers May Face Sticker Shock from Trump’s Proposed Auto Tariffs

President Donald Trump is proposing a 25 percent tariff on all imported cars, trucks, and auto parts, under the presumption that these products pose a national security threat to the United States. A PIIE analysis finds this action would raise car prices for buyers between $1,400 and $7,000 for the top selling models across three categories—compact cars, compact SUVs/crossovers, and luxury SUVs/crossovers—assuming that automakers would pass along the extra cost to consumers, either at 66 or 100 percent of the import tax.

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