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Podcast: The Truth of the Matter
Episode: Auto Tariffs Threaten to Drive Up Prices
Description: "The President's 'Liberation Day' really shakes the foundation of the current system in the auto industry...if these tariffs stay on for any length of time, they could lead to a fundamental reordering of the U.S. market." The slate of tariffs recently announced by the White House will likely lead to rising costs for cars in the United States, especially for smaller and lower-priced vehicles. Some foreign auto makers are already pausing shipments to the United States, which also curtails choices for consumers. However, in the long term, the tariffs could be good for U.S. manufacturing if...