<ul><li>President Trump's tariffs on imported cars and auto parts are concerning automakers as it could increase their costs and impact profits.</li><li>Carvana, an online retailer of used cars, believes that the tariffs could benefit their business by attracting more customers looking for high-quality used vehicles at lower prices as new car prices rise.</li><li>General Motors, Ford Motor, and Toyota Motor are among the automakers estimating significant financial impacts from the tariffs, with costs ranging from $1.3 billion to $3.5 billion.</li><li>President Trump has imposed tariffs to encourage manufacturing in the United States, but automakers are preparing for the potential consequences on their bottom line.</li></ul>

Carvana, a Used Car Retailer, Thinks Tariffs Could be Good for Business

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