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Car prices are poised for $12,000 surge on Trump’s new tariffs

Cost to build a crossover utility vehicle will rise by at least $4,000

Bloomberg News

Impending tariffs on Canada and Mexico risk driving up US car prices by as much as $12,000, further squeezing consumers and wreaking havoc across the intricate web of automotive supply lines spanning the continent. The cost to build a crossover utility vehicle will rise by at least $4,000, while the increase would be three times […]

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