How Tariffs Are Going To Jack Up Car Prices In The U.S.

A strategy to reshore automotive manufacturing by imposing tariffs will take years and require billions of dollars in financial investment. In the meantime consumers can see higher prices, and fewer choices. CNBC breaks down which vehicles are likely most impacted and exactly how much costs are likely to rise.

Phases:
00:00 – 00:36 Introduction
00:42 Chapter 1: Why tolls are consequential
02:25 Chapter 2: What it indicates for customers
03:48 Chapter 3: Wiping inexpensive vehicles from market
04:58 Chapter 4: Impact of diminishing demand
06:37 Chapter 5: Challenges of residential production

Producer: Robert Ferris
Editor: Darren Geeter
Senior Managing Producer: Tala Hadavi
Video Camera: Kaan Oguz
Extra video: Getty Images

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Exactly How Tariffs Are Going To Jack Up Car Prices In The U.S.