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Trump tariffs could raise car prices by up to 15000 dollars

Goldman Sachs analyst Mark Delaney warned that a 25% Trump tariff on imported cars could raise prices by $5,000 to $15,000, impacting both imported and locally made vehicles due to increased production costs. The auto industry reacted with concern, predicting higher prices and fewer options for consumers, while the United Auto Workers union viewed the tariffs as a positive step for job creation in the U.S.
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United States Dollar Stellantis N.V. General Motors Co Bank of America Corporation Tesla, Inc. USA Shawn Fain Rick Paterson Mark Delaney Mike Stanton Daniel Roeska Jennifer Safavian Ronald Brownstein Elon Musk Sam Fiorani Cody Lusk Dan Levy Show more
Business & Industry, Market Report
17:32 28.03.2025
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