Tariffs on imported vehicles took effect Wednesday, a policy that President Trump said would spur investments and jobs in the United States but that analysts say will raise new car prices by thousands of dollars.
Auto Tariffs Take Effect, Putting Pressure on New Car Prices
Source: New York Times |
Author: Jack Ewing |
Original URL: View Original
President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
Summary
Auto Tariffs Take Effect, Putting Pressure on New Car Prices. President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.
