US vehicle prices could spike by up to $10K with Trump's new tariffs on Canada, Mexico

'Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.

If the president goes ahead with 25% taxes on imports from Canada and Mexico on Tuesday, he will disrupt more than $300 billion in annual U.S. automotive trade with its two neighbors, wreck supply chains that have been operating for decades and likely push up the already-forbidding price of new cars.

The tariffs pose an “existential'' threat to North American auto production, said David Gantz, a fellow at Rice University’s Baker Institute for Public Policy. They will push up “the cost of everything that’s imported from Mexico or Canada that goes into a car assembled in the U.S.‘’

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,000.

The economic pain would intensify if Canada and Mexico counterpunched with tariffs on American exports.'


Economic pain brought to you by those who voted for Trump. the consequence of Trump voters’ ignorance, fear, and stupidity.
The real GOP will pay for MAGA stupidity.
 
Ummmmmmmmmmmmmm, voters voted democrats out of office due to the economy. Democrats made it so that Americans couldn't afford to live anymore. Yes, the rich got richer through the stock market thanks to democrats and in the process the working class voted for Trump.

Looks like voters fucked up. Things are really high still. And everything Trump is doing is going to raise the cost of everthing.

Trump is brilliant. NOW he's telling you there will be about 2 years of pain. You are going to suffer. But on the other side is MAGA!!! And you are buying it.

S&P 500 slides to lowest level since September as stocks sell off before tariff rollout​


First-quarter GDP growth will be just 0.3% as tariffs stoke stagflation conditions, says CNBC survey​


The survey also shows Core PCE inflation will remain stuck at around 2.9% for most of the year.

The new forecasts come as the decline in consumer and business sentiment from the emerging trade war is showing up in real economic activity.
 
Ford F-150s are made in the United States at plants in Michigan and Missouri. Ford has not manufactured F-150s outside of the United States.

Thank God! This is my vehicle of choice
I have a 2022 with 9 thousand miles i will be trading in this fall for a brand new one.
 
Ford F-150s are made in the United States at plants in Michigan and Missouri. Ford has not manufactured F-150s outside of the United States.

Thank God! This is my vehicle of choice
With parts and raw materials from Canada and Mexico. Final assembly is one thing, complete manufacture never occurs in one country.
 
You're a liar. Reagan/Bush invented NAFTA. Yes manufacturing started to leave on NEWT's watch but it really picked up steam in the 2000's.

Don't call yourself a swamp rat. Because in the 2000's, you cheered as 1 million manufacturing jobs went overseas. But don't forget how they duped you into cheering. They waged a war against the workers. Because they were unionized.

Don't try to tell me you were pro union in the 2000's
The Auto Pact has been in place since the 60s.
 
The Auto Pact has been in place since the 60s.

I drive a 2005 Dodge Magnum RT where some of the parts comes from the USA while others come from the EU. The car is assembled in Canada. I think about the only major part made in the US is the hemi.
 
'Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.

If the president goes ahead with 25% taxes on imports from Canada and Mexico on Tuesday, he will disrupt more than $300 billion in annual U.S. automotive trade with its two neighbors, wreck supply chains that have been operating for decades and likely push up the already-forbidding price of new cars.

The tariffs pose an “existential'' threat to North American auto production, said David Gantz, a fellow at Rice University’s Baker Institute for Public Policy. They will push up “the cost of everything that’s imported from Mexico or Canada that goes into a car assembled in the U.S.‘’

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,000.

The economic pain would intensify if Canada and Mexico counterpunched with tariffs on American exports.'


Economic pain brought to you by those who voted for Trump. the consequence of Trump voters’ ignorance, fear, and stupidity.
 
'Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.

If the president goes ahead with 25% taxes on imports from Canada and Mexico on Tuesday, he will disrupt more than $300 billion in annual U.S. automotive trade with its two neighbors, wreck supply chains that have been operating for decades and likely push up the already-forbidding price of new cars.

The tariffs pose an “existential'' threat to North American auto production, said David Gantz, a fellow at Rice University’s Baker Institute for Public Policy. They will push up “the cost of everything that’s imported from Mexico or Canada that goes into a car assembled in the U.S.‘’

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,000.

The economic pain would intensify if Canada and Mexico counterpunched with tariffs on American exports.'


Economic pain brought to you by those who voted for Trump. the consequence of Trump voters’ ignorance, fear, and stupidity.
/---/ But if we only buy American-made cars, how much will the tariffs be?
 
'Trump’s trade wars threaten to claim a casualty on the home front: the American auto industry.

If the president goes ahead with 25% taxes on imports from Canada and Mexico on Tuesday, he will disrupt more than $300 billion in annual U.S. automotive trade with its two neighbors, wreck supply chains that have been operating for decades and likely push up the already-forbidding price of new cars.

The tariffs pose an “existential'' threat to North American auto production, said David Gantz, a fellow at Rice University’s Baker Institute for Public Policy. They will push up “the cost of everything that’s imported from Mexico or Canada that goes into a car assembled in the U.S.‘’

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,000.

The economic pain would intensify if Canada and Mexico counterpunched with tariffs on American exports.'


Economic pain brought to you by those who voted for Trump. the consequence of Trump voters’ ignorance, fear, and stupidity.


So what? You’re not buying one. You have no life, no friends and no where to go you commee POS.
 

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