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@ Yahoo! Finance - by layer3.news
2025-02-24 08:11:37
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✍️ President Trump considers imposing tariffs on auto imports, which could drive up car insurance costs and prices of new and used cars.
👉 President Trump considers imposing tariffs on auto imports
👉 Tariffs could drive up car insurance costs
👉 Prices of new and used cars could increase
👉 Insurance costs are impacted by the costs to replace damaged cars and parts, many of which are imported
👉 The impact of tariffs on personal auto insurance is estimated to reach between $7 billion to $24 billion
#PresidentDonaldTrump #PaulDonovan #SamFiorani #BobPassmore #Canada #Mexico #China #politics
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