<ul><li>President Trump's tariffs could cause car prices to increase by as much as $12,000.</li><li>If tariffs stay in place, sticker prices could skyrocket and some car models could disappear from showrooms.</li><li>The automobile industry could experience a historic decrease in production, up to a third of the output in the US, Canada, and Mexico.</li><li>On average, the list price of new vehicles in the US could increase by over 7% due to tariffs and other factors.</li></ul>

Car prices expected to increase by as much as $12,000 thanks to Trump’s tariffs

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