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Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo

US car prices would rise by over $2,000 if President-elect Donald Trump pushed ahead with tariffs on Canada and Mexico, Wells Fargo said in a note.

By: Business Insider

Dec 22 2024
26
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Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo

President-elect Donald Trump's proposed tariffs could negatively impact the US automaking industry.Allison Robbert-Pool/Getty Images

Donald Trump said he'd put in place 25% tariffs on Mexica… [+2836 chars]

Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo

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