Trump's 25% car tariff has some buyers seeing $10K price hikes overnight. Should you wait to buy a new car?

By Yahoo! Finance   |   4 weeks ago
Trump's 25% car tariff has some buyers seeing $10K price hikes overnight. Should you wait to buy a new car?

Trump's 25% tariffs on imported cars have sparked a rush among buyers to purchase before prices surge. Dealerships report a surge in sales, with experts predicting a 15-20% increase in prices for impacted vehicles. The tariffs aim to boost American jobs, but also impact the auto industry.

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