How Tariffs Are Going To Jack Up Car Prices In The U.S.
257,242 views 12 hours ago
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 » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn some extra money on the side? Take CNBC’s new online course How to Start a Side Hustle to learn tips to get started and strategies for success from top side hustle experts. Pre-register now and use coupon code EARLYBIRD for an introductory discount of 30% off $97 (+taxes and fees) through April 1, 2025: https://cnb.cx/4gPqi2y Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How Tariffs Are Going To Jack Up Car Prices In The U.S.