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Tariffs Could Test Vehicle Buyers

  • Tariffs could increase vehicle prices by $2,000 to over $15,000, according to the Anderson Economic Group.
  • The Trump administration has imposed a 25% tariff on imported vehicles and auto parts as of June.
  • Tariffs are described as inflationary and may lead consumers to delay big purchases.
  • Expect higher prices and slower sales as tariffed products replace existing inventory over the summer.
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26 Articles

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Left
5
Center
11
Right
Lean Left

Tariffs fuel inflation. It was a certainty for most economists long before Donald Trump's presidency.

·Montreal, Canada
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Mason City Globe GazetteMason City Globe Gazette
+12 Reposted by 12 other sources
Center

Tariffs could test vehicle buyers

Consumers’ hunger for new vehicles persisted in May, but affordability concerns could cool sales this month as dealerships start running short on cars and SUVs delivered ahead of President Donald Trump’s 25% tariffs.

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Bias Distribution

  • 69% of the sources are Center
69% Center
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NBC Dallas-Fort Worth broke the news in Fort Worth, United States on Thursday, June 12, 2025.
Sources are mostly out of (0)