US Car Buyers Throng Dealerships As Trump's Tariff Threat Looms Over Prices

Quick Summary:

In the lead-up to ‘Liberation Day’, car dealerships in the US are seeing a spike in footfalls, as consumers race to book their new vehicles to avoid the post-tariff sticker shock that, according to some estimates, could reach as high as $10,000 to $15,000 even for mid-range cars.

What Happened: The looming 25% tariffs on all car imports to the US is set to become a reality within a few short hours, and it’s not just on the cars that are imported, but also those that are made in the US, but use imported parts.

Since there is no such thing as an ‘All-American Car,’ pretty much every make and model will see prices spike in the coming days.

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Article Details

Author / Journalist: Vishaal Sanjay

Category: Technology

Markets: United States

Topics: Donald Trump News Tech US88160R1014 Tariffs TSLA Benzinga Mobility Tariff Liberation Day Auto tariffs Government

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-02 @ 10:39:28 (1 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 27538046

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