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Trump's tariff plan on cars could raise vehicle prices by up to $12,500, disrupting the auto industry.
US President Trump's plan to impose 25% tariffs on imported cars and auto parts is causing uncertainty in the automotive industry.
The tariffs could increase vehicle prices by up to $12,500 and affect not just foreign carmakers but also US automakers who import parts.
Dealers are advising consumers to buy cars now to avoid future price hikes.
The tariffs threaten to disrupt supply chains and potentially lead to job losses and reduced investment in the sector.
Despite Trump's claim, there are no cars made entirely with US parts, as automakers rely heavily on global supply chains.
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