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Car dealer explains why your car and its repairs will cost more due to Trump’s tariffs

DeFi Daily News by DeFi Daily News
March 28, 2025
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Car dealer explains why your car and its repairs will cost more due to Trump’s tariffs
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President Trump is putting a 25% tariff on cars and some auto parts imported into the United States. It’s likely going to cost you more to buy a new or used vehicle or repair the one you have. Yahoo Finance Autos Reporter Pras Subramanian speaks with Celebrity Motor Car Company owner Tom Maoli about what the tariffs mean for his business.
To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here: https://finance.yahoo.com/videos/series/asking-for-a-trend/
#youtube #cars #tariffs

About Yahoo Finance:

Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

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LinkedIn: https://www.linkedin.com/company/yahoo-finance

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Tags: autoBondsbusinesscarcar dealercarsCostCurrenciesDealerdueEquitiesExplainsFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsrepairsSavingsStock marketstockstariffsTrumpsYahoo FinanceYahoo FInance Premium
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