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Nightly News
Car prices expected to jump once 25% tariffs go into effect
Catch up with NBC News Clone on today's hot topic: Car Prices Expected To Jump Once 25 Tariffs Go Into Effect 235600965605 - Breaking News | NBC News Clone. Our editorial team reformatted this story for clarity and speed.
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President Trump has announced 25% tariffs on imported cars and auto parts. According to a Goldman Sachs estimate, that could add $5,000-$15,000 to the cost of a foreign-made car and $3,000-$8,000 to cars made in the U.S. with parts from overseas. NBC News’ Christine Romans spoke to an owner of dealerships in Michigan, who says customers are calling, looking for deals before the tariffs kick in.March 27, 2025
