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Car prices expected to jump once 25% tariffs go into effect
Posted
March 27, 2025
Views
10,839
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March 27, 2025
10,839
82
115
1.82%
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2:07Now PlayingPresident Trump has announced 25% tariffs on imported cars and auto parts. According to a Goldman Sachs estimate that could add $5,000-$15,000 to the cost of a foreign-made car and $3,000-$8,000 to cars made in the U.S. with parts from overseas. NBC News’ Christine Romans spoke to an owner of dealerships in Michigan, who says customers are calling, looking for deals before the tariffs kick in.
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