The Affordable Car Is About to Go Extinct in the US

The Trump administration's decision to impose tariffs on imported vehicles and auto parts will have a detrimental impact on American consumers. It threatens to drive up prices significantly, potentially pushing affordable cars out of reach for many buyers. As the cost of manufacturing increases due to these tariffs, automakers may be forced to discontinue their most budget-friendly models or raise prices to unsustainable levels. This move could price out many price-sensitive buyers from the new car market, leaving them with limited options beyond the used car market. Ultimately, the tariffs undermine consumer choice and access to affordable transportation, disproportionately burdening lower-income Americans. Policymakers should reconsider this approach and prioritize policies that promote affordability and consumer interests over protectionist trade measures that harm the very people they claim to help.