So much for ending inflation.
High-end SUVs with significant content from Mexico would see a nearly $9,000 increase.
The research comes from the Anderson Economic Group, an automotive consultancy in Michigan.
Car prices could rise by as much as $12,000 in the United States as tariffs go into effect on March 4.YouTube - Unsolicited Opinions
Acers most expensive laptop, a$3,000 gaming beast, will soon cost $3,300.
Ford CEO Jim Farley said the tariffs willblow a holein the US industry that we have never seen.
Are truck drivers and blue-collar workers not the people Trump courted to win the presidency?
It is not an us versus them situation.
And this all comes at a time when the economy has beendoing quite well, despite the fear mongering.
Why are we doing this?
It builds most of its parts custom in-house and does not have a manufacturing presence in Canada or Mexico.
Conversely, it is possible the reputational damage to Tesla could benefit other EV makers to some extent.
It is unclear what might satisfy President Trump and cause tariffs to be lifted.
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