Trump’s 25% tariff on imported cars and auto parts could send shockwaves through the U.S. economy—but what does it really mean for American consumers, automakers, and jobs?
In this video, I break down what a tariff is, why trade balances matter, and the potential pros and cons of these new auto tariffs. Will this move help protect American manufacturing, or will it drive car prices through the roof?
Watch now to find out how this policy could impact your next car purchase!
Link to Car & Driver article: https://www.caranddriver.com/news/a64308066/list-of-how-tariffs-will-affect-every-car/
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📌 Chapters:
00:00 – Introduction
00:52 – Tariffs already in place
01:14 – New Tariffs on Autos
01:49 – What is a tariff?
02:08 – Why Congress won’t step in
03:46 – Size of the auto industry
04:26 – How do tariffs work?
05:19 – The goal of tariffs
06:32 – Why fair trade balances matter
12:20 – Which car models will be effected
13:25 – Tariff affect on auto prices
14:14 – Pros of auto tariffs
17:47 – Cons of auto tariffs
21:22 – How investors can benefit
22:17 – My opinion
22:51 – Final thoughts
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