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Trump's Tariffs on Canada and Mexico Severely Impact Auto Industry, Potentially Raising US Car Prices by Nearly $6,000
2025-02-13 /
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Author：小编
Data from Benchmark Co., a leading US venture capital firm, indicates that President Trump's proposed tariffs, should they be enacted, will significantly inflate the cost of car purchases for Americans. According to Benchmark analyst Cody Acree, imposing a 25% tariff (currently suspended) on vehicles and automotive parts imported from Mexico and Canada would elevate the average selling price of US cars by roughly $5,790, pushing it above $54,500. This represents an approximate 12% increase by 2024.
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