Cars could get more expensive again as tariff-loving Trump warns automakers: You’re next ​| Fortune | FORTUNE

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February 18, 2025

Cars could get more expensive again as tariff-loving Trump warns automakers: You’re next

President Trump and Howard Lutnick, the likely U.S. commerce secretary, are preparing to bypass Congress and hike tariffs unilaterally on new imported sedans and SUVs that could hurt Japanese, Korean and European brands most of all.

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