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

By Business Insider   |   1 year ago
Trump tariffs would increase the price of cars made by US automakers by over $2K: Wells Fargo

Mexico's president plans to retaliate against proposed US tariffs, affecting joint ventures. The tariffs could raise car prices by $2,100, impacting automakers like GM, Stellantis, and Ford. Mexico warned of reciprocal tariffs that may risk joint ventures.

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