List of Flash News about new car costs
Time | Details |
---|---|
2025-03-27 13:28 |
Impact of Trump's Auto Tariffs on Used Car Market
According to The Kobeissi Letter, President Trump's 25% auto tariffs are expected to increase new car costs by $3,000 to $12,500, potentially pushing used car prices higher. This development is crucial for traders monitoring the automotive market, as it may influence demand shifts and price adjustments in the used car sector. |
2025-03-27 13:28 |
Impact of Auto Tariffs on Used Car Market
According to The Kobeissi Letter, the implementation of President Trump's 25% auto tariffs is projected to increase the cost of new cars by $3,000 to $12,500. This price surge is likely to drive up the prices of used cars, which had started to decline after the post-pandemic rise. Traders should monitor these developments as they could affect investment strategies in automotive-related stocks and commodities. |