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New tariffs on auto imports from Mexico, Canada, and China could hike car prices in New York by up to $12,000.
New Yorkers face higher car prices, with estimates ranging from $4,000 to $12,000 more, due to new tariffs on imports from Mexico, Canada, and China.
The tariffs, set at 25% for Mexican and Canadian goods and 20% for Chinese goods, are expected to increase manufacturing costs.
The "Big Three" U.S. automakers have been granted a temporary one-month exemption from the tariffs, which begins on April 2.
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Los nuevos aranceles sobre las importaciones de automóviles de México, Canadá y China podrían subir los precios de los automóviles en Nueva York hasta en $12,000.