Here's what car buyers can expect from latest auto tariffs

The auto industry is in for some pain.

Apr 3, 2025 - 16:42
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Here's what car buyers can expect from latest auto tariffs

Uncertainty seems to be the mood of the season as investors attempt to navigate the nearly universal tariffs President Donald Trump and his administration placed on the rest of the world. 

One of Trump's goals for this move, besides balancing trade deficits with other countries, is to move the U.S. government back to a time when most of its revenue came from tariffs rather than income taxes.