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‘It’s going to get worse’: American car buyers brace for sweeping auto tariffs – Grahak Chetna

Grahak Chetna

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‘It’s going to get worse’: American car buyers brace for sweeping auto tariffs

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For two years, Jeannie Dillard has saved what she can on her fixed income to replace the vehicle that was stolen from her home and found totalled a few miles away.
She looked around a used car dealership in Virginia on Thursday, peering at sticker prices with a newfound worry: blanket tariffs on foreign cars and car parts that experts warn could drive up prices in the US. They kick in next week.
She’d like to buy a car now, she said, but: “I have to wait until my finances improve”.
Ms Dillard is among the plethora of Americans bracing for expected economic turbulence under President Donald Trump’s sweeping auto tariffs – an unprecedented US trade policy maneuver.
“It took me a long time to save up for the last car,” she said. “If prices get too high, I’m obviously not going to buy something that I can’t afford.”

Courtesy: BBC

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