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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: PucksFool ✧✺  😊 😞
Number: of 86281 
Subject: Inflation set to go super nova
Date: 03/03/25 8:19 PM
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finance.yahoo.com - Report trumps tariffs could add as much as 12k to new cars and trucks
With President Trump’s big tariffs only a day away, a new report finds huge price increases are coming for Americans looking to buy a new car or truck.

The Anderson Economic Group (AEG) found that vehicles like EV crossovers could have price hikes of over $12,000 depending on the vehicle if proposed tariffs of 25% go into effect on Canadian and Mexican imports. On Monday afternoon Trump confirmed the tariffs will go into effect Tuesday.

The tariffs don't just affect vehicles imported from those countries, but also parts that cross over the border many times during the production process, adding to additional tariff costs. The costs would almost all be passed on to US buyers, the study said.

Other popular vehicles, like a standard, gas-powered crossover, could see hikes of at least $3,500, while pickup trucks — a staple of working-class Americans and small business owners — could see costs jump as much as $8,000 due to the tariff effect.

Full-size SUVs could see costs rise by $9,000, and small cars could see a hike of $6,200.
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
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Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
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