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Consumers have been racing to snatch up cars in recent weeks before President Donald Trump’s auto tariffs trigger widely ...
You may be aware that President Donald Trump’s global tariff war will see Americans paying more for consumer goods, but have ...
Even if you’re not shopping for a new car, the latest round of tariffs on raw materials, vehicles and vehicle parts could ...
Between the slate of tariffs currently in effect and proposed tariffs on car parts, the cost of car ownership is rising. And that's true even if you're not in the market for a vehicle.
Prices for some cars and auto parts aren't the only things that are likely to go up with auto tariffs, which are expected to go into effect on April 2. Add auto insurance to that list, too.
New tariffs are expected to push up prices of vehicles and car parts, and that could raise premiums as much as 16 percent.
Auto experts say there is a four- to six-week supply of parts before it starts to deplete. That's when tariffs will make auto repairs more expensive.
Even those not buying a vehicle will be insulated from auto tariff costs. They're going to send up the costs of parts and replacement cars – and, in turn, the costs of insurance for everybody.
Tariffs on cars and auto parts will raise vehicle prices and repair costs, causing insurers to increase premiums.
According to the study, the average annual insurance premium has risen to $3,996, or around $333 per month, making the cost ...