Published: May 13, 2025, 05:05 IST | Updated: May 13, 2025, 05:05 IST
World Business Watch May 13, 2025, 05:05 IST
Trump Tariffs: New car prices jump on import tariffs
Buying a new car in the u.S. Just got more expensive. Prices rose 2.5% in april—much faster than usual.
The reason?
New tariffs on vehicle imports from Mexico and Canada