Trump's 25% auto tariff to impact North Texas car prices and insurance [CBS News]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: CBS News
As our Amelia Mugavero reports, it will affect your next car purchase here in North Texas and even your insurance rates. President Trump announced this week that a 25% tax will be tacked on to all auto imports starting April 3, as part of his plan to rebuild America's manufacturing base. For John Graff, it's the reason he's buying a car today instead of waiting. "My wife and I did have a discussion that, with the tariffs that are going on, we probably better get in here today and do something," he told CBS News Texas. Graff said they have been planning to buy a new Ford Explorer and worry about how the tariffs could impact the price tag. "Basically, just the unknown," Graff said. "We just want to make sure there's inventory, and who knows if there's going to be a big rush before these tariffs go into effect." Foreign-made brands will be impacted by these tariffs the most. But even American brands like Ford could be impacted as well because two of their most popular and aff
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