Trump Tariffs Threaten Car Prices

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Economist Arthur Laffer

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Economist who was once honored by Trump warns 25% tariffs could add nearly $5,000 to your new car's price

Summary

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72% Informative

Trump ’s 25% tariffs could soon drive car prices sharply upward, adding as much as $4,711 to the cost of a new vehicle.

As American consumers prepare for sticker shock, it's crucial to understand what's driving this price hike and how you can safeguard your finances from the coming squeeze.

Laffer is renowned for his supply-side economic theories and famed " Laffer Curve ".

Trump 's tariffs could push new vehicle prices to levels that challenge household budgets across America .

By remaining vigilant, strategically navigating loans and insurance, and considering used or delayed purchases, you can cushion yourself against the economic shock.

This article provides information only and should not be construed as advice.

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