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Automakers warn that Trump tariffs will hike vehicle prices as much as 25% (www.reuters.com)

submitted 4 days ago by btaf45@lemmy.world to c/usa@midwest.social

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[–] datendefekt@feddit.org 11 points 4 days ago

I'd think that prices should increase by much more than just 25%. You'd have raw materials, unfinished goods and subassemblies crossing the borders multiple times before the car is finished.

I read yesterday that aluminium crosses borders about six times before it becomes part of a motor block.