Published 2 days ago • loading... • Updated 20 hours ago

Auto tariffs are now in effect: Here's what it means for people buying a car

President Trump's 25% tariffs on imported cars went into effect this Thursday.
Trump announced these tariffs in March as part of his plan to reshape global trade relations.
These tariffs impact imported cars and will soon extend to car parts, affecting costs.
The Wall Street Journal suggests tariffs could cause a $12,500 price spike on imported vehicles.
The tariffs may strain global supply chains, potentially reducing car sales and raising prices.

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Center

Tariffs could mean more expensive car repairs

DES MOINES, Iowa -- Tariffs mean more expensive car repairs according to local auto shops. Joe Burch, the owner of Burch Auto Repair in Valley Junction, said auto part suppliers are already starting to see tariff induced price hikes. "They'll see at first for sure. Eventually, it'll be passed to me and then it'll be passed on to the owners of the vehicles," Burch said. Iowa drivers share thoughts on hands-free law Burch said that for now o…

20 hours ago

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NBC Boston

Lean Left

Buying a car in 2025? Here's the bad news

Consumers in the market for a new car may be in a tough spot, with new tariffs on imported vehicles. But for some buyers, now might be the perfect time to make a move.

24 hours ago·Boston, United States

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WPBF

Center

'Concerned about down the road': Local car dealership owner reacts to auto tariffs

Now that new auto tariffs are in effect, car dealership owners are bracing for potential impacts.

24 hours ago

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wjr.com

Lean Right

Consumers Should Expect to Pay More on New Cars, Auto Experts Say

Photo: Christine Tannous ~ USA TODAY NETWORK April 3, 2025 ~ New auto tariffs announced by President Donald Trump went into effect Thursday, with auto analysts warning of significant price hikes on new cars. All cars imported into the U.S. from any country will face a 25% tariff, with a similar tariff for auto parts set to take place on May 3. While Trump said these tariffs are meant to create a surge in domestic car production, many auto analy…

1 day ago

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The Motley Fool

Lean Left

Auto Tariffs Upending Global Trade: These Stocks Can Win No Matter What Happens Next @themotleyfool #stocks $ORLY $TSLA $AZO

In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down why these two long-term winners in the auto market are primed to keep winning if we see a protracted battle over imports in the U.S. *Stock prices used were from the afternoon of March 27, 2025. The video was published on April 3, 2025.Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » Should you invest $1,000 in…

1 day ago·Alexandria, United States

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CBC News

Lean Left

Looking to buy a car? Expect higher prices under U.S. auto tariffs

The 25 per cent tariffs from the U.S. going into effect on April 3 would increase the price of a car by thousands, while those in the industry say the mere threat of the tariffs is keeping buyers away.

1 day ago·Canada

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