**Excerpt:**
*The auto industry faces potential turmoil if former President Donald Trump’s proposed 25% tariff on imported cars and auto parts is enacted. According to a report by Fortune and The Associated Press, this policy could drive up new car prices by thousands of dollars, squeezing consumers already struggling with inflation. The surge in demand for used cars may further inflate prices in an already tight market. U.S. automakers like GM and Ford could also suffer, facing higher production costs and weakened competitiveness. Trade tensions with Canada and Mexico could escalate, risking job losses and broader economic disruptions. While supporters argue tariffs protect American jobs, critics warn they may backfire—raising costs for buyers and hurting the industry. With uncertainty looming, consumers may want to monitor the market closely or consider purchasing sooner to avoid potential price hikes.*
