If you’re in the market for a new set of wheels, you could end up paying anywhere from $4,000 to $12,000 more once President Donald Trump’s tariffs take effect on Tuesday. And he doesn’t care if you’re unhappy about it.
Trump told NBC News that he “couldn’t care less” if his tariffs cause car manufacturers to raise their prices, going so far as to say, “I hope they raise their prices. Because if they do, people are gonna buy American-made cars.”
Automotive industry experts have warned that Trump’s tariffs, which have kicked off a global trade war, could increase car prices, with some prices set to soar by up to $12,000 per vehicle.
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