r/Futurology • u/nimicdoareu • Feb 03 '25

Economics Automakers brace for 'massive' impact of US Administration's tariffs

https://www.theverge.com/news/604870/auto-industry-tariff-trump-canada-mexico-price-ev
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u/Thanato26 Feb 03 '25

It's not just the cars made in Canada and Mexico. It's the parts made and used to build cars in thr US. Some parts cross thr Canada US border multiple times before final install

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u/Exciting_Ad7720 Mar 05 '25

Would they get hit every time they cross the border even if multiple time b4 final sale?

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u/Thanato26 Mar 05 '25

Not sure, but US car prices are expected to increase by thousands