$3,000 INCREASE IN CAR PRICES EXPECTED UNDER TRUMP TARIFFS

Trump’s tariffs against Canada and Mexico will threaten auto production across North America and send record vehicle prices even higher, with a quarter of a trillion dollars in trade set to be disrupted.

Trump blamed migrants and drugs over US borders and large trade deficits for his tariffs which are set to take effect at 12:01 am Tuesday, giving manufacturers less than 48 hours to figure out what to do.

— Bloomberg