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What is the impact of the North American tariff war? The price increase of electric Autos in the USA may be as high as $12,000.
① Trump announced that starting Tuesday, a 25% tariff will be imposed on Commodities from Mexico and Canada, causing widespread concern in the market; ② A survey shows that the US Autos Industry will be impacted, with new electric vehicle prices potentially increasing by up to $12,000, leading to a decline in sales; ③ The US automobile manufacturing industry is worried, as the tariffs will disrupt the integration of the North American automotive supply chain and cause unprecedented damage.
Express News | America’s Car-Mart, Inc. Announces Closing on Extension and Upsize of Its Revolving Credit Facility
Press Release: America's Car-Mart, Inc. Announces Closing on Extension and Upsize of Its Revolving Credit Facility
Trump's tariff threats: Car prices are about to soar.
The new Ford F-150 truck passes through the production line at the Ford plant in Dearborn, Michigan. The threat of tariffs on imports from Canada and Mexico is looming once again. This could quickly lead to significant increases in car prices, and those assembled in the USA are no exception. This is because the automotive industry has operated under the assumption of a single market in North America for decades, allowing Auto Parts and complete vehicles to flow freely across borders between these three countries. Therefore, there are essentially no fully USA-made cars assembled from only American-made parts. This week, President Donald Trump stated that
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