A plan to reshore automotive manufacturing by imposing tariffs will take years and require billions of dollars in investment. In the meantime consumers could see higher prices, and fewer choices. CNBC breaks down which vehicles are likely most affected and how much prices are likely to rise.
Chapters:
00:00 – 00:36 Introduction
00:42 Chapter 1: Why tariffs are consequential
02:25 Chapter 2: What it means for consumers
03:48 Chapter 3: Wiping cheap cars from market
04:58 Chapter 4: Impact of dwindling demand
06:37 Chapter 5: Challenges of domestic manufacturing
Producer: Robert Ferris
Editor: Darren Geeter
Senior Managing Producer: Tala Hadavi
Camera: Kaan Oguz
Additional footage: Getty Images
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How Tariffs Are Going To Jack Up Car Prices In The U.S.
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