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President Trump’s trade war risks raising the prices of new and used cars and putting America’s auto industry on its heels.
The Independent Center’s polling prior to the election clearly showed that affordability concerns were at the top of voters’ minds as they headed to the polls.
Last week, President Trump sent markets into a frenzy by announcing 25 percent tariffs on Canada and Mexico, along with an additional 10 percent tariff on China.
Trump's tariff regime seeks to trade win-win relationships with lose-lose ones.
The economist Thomas Sowell once claimed, “There are no solutions. There are only tradeoffs.”
Lumber, cars and making guacamole could become much more expensive
If there’s one major takeaway from the 2024 election, it’s this: Americans went to the voting booth with the economy top of mind.
The result of tariffs is higher prices at the point of sale. That means less money for you and your family to buy basic necessities that too many take for granted.
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