CNN —
Car prices are about to shoot higher.
That’s because a 25% tariff across all cars that the United States imports is set to take effect on April 3. And not long after, a 25% tariff on most foreign-made car parts is set to take effect.
In President Donald Trump’s ideal world, his tariffs will cause auto producers to move more of their production to the US. But automotive experts have told CNN that’s more or less a pipe dream. And even if it were possible for companies to move all production to
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