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Car Prices Projected to Jump With Trump’s Trade Agreement With Mexico

USA Today

A president who prides himself on reducing bureaucracy has, in some ways, increased bureaucracy for companies that may just decide to go elsewhere. 

Although it may be too early to predict the full impact of Trump’s tentative trade agreement with Mexico, there’s one thing you can count on: New car prices will probably rise.

“The new agreement will push production costs higher on Mexican products — parts and vehicles — which, eventually, will be paid by American consumers,” said Michelle Krebs, executive analyst at Autotrader, the car-shopping website owned by Cox Automotive.

Read the article at USA Today.

Sep 3, 2018connieshedron
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