Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
It Is Happening Every Day, Every Where
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
President Trump’s trade policies are already starting to frustrate American consumers who have noticed higher prices in their shopping carts.
Many Americans have purchased foreign-made products out of fears that companies could start to raise prices soon.
A big hit to portfolios would be felt acutely by higher-income Americans, whose spending has recently been the biggest driver of the economy.
Treasury Secretary Scott Bessent argues that the American dream is about more than cheap televisions, but inflation-weary consumers might disagree.
A new survey from the University of Michigan shows Americans bracing for economic pain as tariffs and policy uncertainty bite.
The airline lowered its financial forecast for the first quarter as economic anxiety hurts demand for tickets.
More Americans are starting to brace for higher prices as President Trump’s policies begin to take effect.
More car buyers are expected to eventually pick battery-powered cars and trucks as prices fall and technology improves, even if Biden-era incentives disappear.