Automotive & Transportation
Wed, July 16, 2025
[ Wed, Jul 16th ]: fox17online
[ Wed, Jul 16th ]: The Boston Globe
[ Wed, Jul 16th ]: Phys.org
[ Wed, Jul 16th ]: WXIX-TV
[ Wed, Jul 16th ]: KTAB Abilene
[ Wed, Jul 16th ]: BBC
[ Wed, Jul 16th ]: New Jersey Monitor
[ Wed, Jul 16th ]: Press-Republican, Plattsburgh, N.Y.
[ Wed, Jul 16th ]: Palm Beach Post
[ Wed, Jul 16th ]: Daily Mail
[ Wed, Jul 16th ]: Reuters
[ Wed, Jul 16th ]: Hartford Courant
[ Wed, Jul 16th ]: Paul Tan
[ Wed, Jul 16th ]: Journal Star
[ Wed, Jul 16th ]: The Hans India
[ Wed, Jul 16th ]: Push Square
[ Wed, Jul 16th ]: Music Feeds
[ Wed, Jul 16th ]: The Hockey News - Boston Bruins
[ Wed, Jul 16th ]: Radio Times
[ Wed, Jul 16th ]: The Financial Express
[ Wed, Jul 16th ]: Variety
[ Wed, Jul 16th ]: KOB 4
[ Wed, Jul 16th ]: yahoo.com
[ Wed, Jul 16th ]: Mickey Visit
[ Wed, Jul 16th ]: The Telegraph
[ Wed, Jul 16th ]: The New York Times
[ Wed, Jul 16th ]: Channel NewsAsia Singapore
[ Wed, Jul 16th ]: Cruise Industry News
[ Wed, Jul 16th ]: Deseret News
[ Wed, Jul 16th ]: WCAX3
[ Wed, Jul 16th ]: Adweek
[ Wed, Jul 16th ]: St. Joseph News-Press, Mo.
[ Wed, Jul 16th ]: Pioneer Press, St. Paul, Minn.
[ Wed, Jul 16th ]: WTNH Hartford
[ Wed, Jul 16th ]: SB Nation
[ Wed, Jul 16th ]: Sports Illustrated
[ Wed, Jul 16th ]: MassLive
[ Wed, Jul 16th ]: The Independent
[ Wed, Jul 16th ]: Newsweek
[ Wed, Jul 16th ]: Associated Press
[ Wed, Jul 16th ]: NBC Chicago
[ Wed, Jul 16th ]: CBS News
[ Wed, Jul 16th ]: Sporting News
[ Wed, Jul 16th ]: CNN
[ Wed, Jul 16th ]: The Cincinnati Enquirer
[ Wed, Jul 16th ]: Fox News
[ Wed, Jul 16th ]: Paulick Report
[ Wed, Jul 16th ]: The Cool Down
[ Wed, Jul 16th ]: MLive
[ Wed, Jul 16th ]: Athlon Sports
[ Wed, Jul 16th ]: WTOP News
[ Wed, Jul 16th ]: The 74
[ Wed, Jul 16th ]: The Financial Times
Tue, July 15, 2025
[ Tue, Jul 15th ]: Medscape
[ Tue, Jul 15th ]: GamesRadar+
[ Tue, Jul 15th ]: Commanders Wire
[ Tue, Jul 15th ]: Mid Day
[ Tue, Jul 15th ]: The New Indian Express
[ Tue, Jul 15th ]: ABC Kcrg 9
[ Tue, Jul 15th ]: 24/7 Wall St.
[ Tue, Jul 15th ]: United Press International
[ Tue, Jul 15th ]: NBC 10 Philadelphia
[ Tue, Jul 15th ]: SB Nation
[ Tue, Jul 15th ]: NOLA.com
[ Tue, Jul 15th ]: The Cool Down
[ Tue, Jul 15th ]: Palm Beach Post
[ Tue, Jul 15th ]: breitbart.com
[ Tue, Jul 15th ]: Time
[ Tue, Jul 15th ]: The Daily Caller
[ Tue, Jul 15th ]: KLAS articles
[ Tue, Jul 15th ]: The Daily Dot
[ Tue, Jul 15th ]: Wyoming News
[ Tue, Jul 15th ]: KREX articles
[ Tue, Jul 15th ]: The Oklahoman
[ Tue, Jul 15th ]: The Kitchn
[ Tue, Jul 15th ]: Fox News
[ Tue, Jul 15th ]: WBOY Clarksburg
[ Tue, Jul 15th ]: MyNewsLA
[ Tue, Jul 15th ]: WHIO
[ Tue, Jul 15th ]: Orlando Sentinel
[ Tue, Jul 15th ]: OneFootball
[ Tue, Jul 15th ]: NBC Connecticut
[ Tue, Jul 15th ]: yahoo.com
[ Tue, Jul 15th ]: WPIX New York City, NY
[ Tue, Jul 15th ]: The Irish News
[ Tue, Jul 15th ]: Live Science
[ Tue, Jul 15th ]: Orange County Register
[ Tue, Jul 15th ]: Parade
[ Tue, Jul 15th ]: WLOX
[ Tue, Jul 15th ]: KOAT Albuquerque
[ Tue, Jul 15th ]: WSMV
[ Tue, Jul 15th ]: The Verge
[ Tue, Jul 15th ]: Business Insider
[ Tue, Jul 15th ]: The Raw Story
[ Tue, Jul 15th ]: CNET
[ Tue, Jul 15th ]: KRQE Albuquerque
[ Tue, Jul 15th ]: The Telegraph
[ Tue, Jul 15th ]: Penn Live
[ Tue, Jul 15th ]: TV Technology
[ Tue, Jul 15th ]: sportskeeda.com
[ Tue, Jul 15th ]: Associated Press
[ Tue, Jul 15th ]: The Spun
[ Tue, Jul 15th ]: Playmakerstats
[ Tue, Jul 15th ]: on3.com
[ Tue, Jul 15th ]: Forbes
[ Tue, Jul 15th ]: USA TODAY
[ Tue, Jul 15th ]: Chicago Tribune
[ Tue, Jul 15th ]: KTSM
[ Tue, Jul 15th ]: Steelers Wire
[ Tue, Jul 15th ]: NBC Chicago
[ Tue, Jul 15th ]: The Sporting News
[ Tue, Jul 15th ]: Slate
[ Tue, Jul 15th ]: Colts Wire
[ Tue, Jul 15th ]: The New York Times
[ Tue, Jul 15th ]: WMUR
[ Tue, Jul 15th ]: Rolling Stone
[ Tue, Jul 15th ]: Newsweek
[ Tue, Jul 15th ]: Patch
[ Tue, Jul 15th ]: Auto Remarketing
[ Tue, Jul 15th ]: TechRadar
[ Tue, Jul 15th ]: Politico
[ Tue, Jul 15th ]: WSB Cox articles
[ Tue, Jul 15th ]: Get Spanish Football News
[ Tue, Jul 15th ]: Bangor Daily News
[ Tue, Jul 15th ]: thedirect.com
[ Tue, Jul 15th ]: WIVT Binghamton
[ Tue, Jul 15th ]: NC Newsline
[ Tue, Jul 15th ]: Truthout
[ Tue, Jul 15th ]: moneycontrol.com
[ Tue, Jul 15th ]: newsbytesapp.com
[ Tue, Jul 15th ]: Daily Record
[ Tue, Jul 15th ]: KTLA
[ Tue, Jul 15th ]: The New Republic
[ Tue, Jul 15th ]: TMJ4
[ Tue, Jul 15th ]: Milwaukee Journal Sentinel
[ Tue, Jul 15th ]: Browns Wire
[ Tue, Jul 15th ]: nbcnews.com
[ Tue, Jul 15th ]: The Sun
[ Tue, Jul 15th ]: sportsnaut.com
[ Tue, Jul 15th ]: ClutchPoints
[ Tue, Jul 15th ]: tmz.com
[ Tue, Jul 15th ]: Country Living
[ Tue, Jul 15th ]: Good Housekeeping
[ Tue, Jul 15th ]: CBS News
[ Tue, Jul 15th ]: Fox 13
[ Tue, Jul 15th ]: HELLO! Magazine
[ Tue, Jul 15th ]: KOB 4
[ Tue, Jul 15th ]: NJ.com
[ Tue, Jul 15th ]: Athlon Sports
[ Tue, Jul 15th ]: HuffPost
[ Tue, Jul 15th ]: Fox Business
[ Tue, Jul 15th ]: WAFF
[ Tue, Jul 15th ]: The Florida Times-Union
[ Tue, Jul 15th ]: Honolulu Star-Advertiser
[ Tue, Jul 15th ]: Interesting Engineering
[ Tue, Jul 15th ]: KIRO
[ Tue, Jul 15th ]: Giants Wire
[ Tue, Jul 15th ]: WJZY
[ Tue, Jul 15th ]: London Evening Standard
[ Tue, Jul 15th ]: TheHockey Writers
[ Tue, Jul 15th ]: CNN
[ Tue, Jul 15th ]: MassLive
[ Tue, Jul 15th ]: The Hockey News - New Jersey Devils
[ Tue, Jul 15th ]: Phys.org
[ Tue, Jul 15th ]: ThePrint
[ Tue, Jul 15th ]: syracuse.com
[ Tue, Jul 15th ]: The Hans India
[ Tue, Jul 15th ]: TechCrunch
[ Tue, Jul 15th ]: dpa international
[ Tue, Jul 15th ]: Daily Mail
[ Tue, Jul 15th ]: Fox 11 News
[ Tue, Jul 15th ]: abc7NY
[ Tue, Jul 15th ]: The New Zealand Herald
[ Tue, Jul 15th ]: The Citizen
[ Tue, Jul 15th ]: Impacts
[ Tue, Jul 15th ]: Native News Online
[ Tue, Jul 15th ]: The Root
[ Tue, Jul 15th ]: WABI-TV
[ Tue, Jul 15th ]: koco.com
[ Tue, Jul 15th ]: Colorado Public Radio
[ Tue, Jul 15th ]: Buffalo News
[ Tue, Jul 15th ]: Sports Illustrated
[ Tue, Jul 15th ]: The Hill
[ Tue, Jul 15th ]: Fresno Bee
[ Tue, Jul 15th ]: Columbus Dispatch
[ Tue, Jul 15th ]: Yahoo Finance
[ Tue, Jul 15th ]: aftermarketNews
[ Tue, Jul 15th ]: Seeking Alpha
[ Tue, Jul 15th ]: The Quint
[ Tue, Jul 15th ]: Channel NewsAsia Singapore
[ Tue, Jul 15th ]: reuters.com
[ Tue, Jul 15th ]: ABC Action News
[ Tue, Jul 15th ]: The Independent US
[ Tue, Jul 15th ]: The Conversation
[ Tue, Jul 15th ]: The Denver Post
[ Tue, Jul 15th ]: Chicago Sun-Times
[ Tue, Jul 15th ]: Car Dealer Magazine
[ Tue, Jul 15th ]: DNA India
[ Tue, Jul 15th ]: The Advocate
[ Tue, Jul 15th ]: Entrepreneur
Tariffs May Add Almost $2,000 Price On Average, But It''s A Wide Range
//automotive-transportation.news-articles.net/co .. -000-price-on-average-but-it-s-a-wide-range.html
Published in Automotive and Transportation on Tuesday, July 15th 2025 at 15:47 GMT by Forbes🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Tariffs will drive new-vehicle prices higher, by almost $2,000 on average, but in a range from less than $1,000 to around $5,000, according to AlixPartners
The article begins by highlighting the AAPC's estimate that tariffs could raise the average price of a new vehicle by nearly $2,000. This figure, however, is described as an average, with the actual impact on individual vehicles ranging significantly. For instance, the price increase could be as low as a few hundred dollars for some models or as high as several thousand dollars for others, depending on factors such as the vehicle's country of origin, the percentage of imported components, and the specific tariff rates applied. The AAPC's analysis assumes a scenario where tariffs are imposed broadly on automotive imports, reflecting recent policy proposals that aim to protect domestic manufacturing by increasing the cost of foreign-made vehicles and parts.
Henry explains that the proposed tariffs are part of a broader political and economic strategy to bolster U.S. manufacturing and reduce reliance on foreign supply chains, particularly from China. The Biden administration, as well as potential future administrations, have signaled intentions to impose or maintain high tariffs on Chinese goods, including electric vehicles (EVs), batteries, and critical components. Tariffs on vehicles from Mexico and Canada, key trading partners under the United States-Mexico-Canada Agreement (USMCA), are also under consideration, though at potentially lower rates compared to Chinese imports. The AAPC warns that such measures, while intended to support American jobs, could have unintended consequences, including higher consumer prices and potential disruptions to the automotive supply chain, which is deeply integrated across North America and globally.
A significant portion of the article is dedicated to breaking down the varying impacts of tariffs based on vehicle type and origin. For example, fully assembled vehicles imported from China could face tariffs as high as 100%, as seen in recent policy moves by the Biden administration. This would drastically increase the price of Chinese-made EVs, which are already subject to a 27.5% tariff (including a 25% tariff from the Trump era and an additional 2.5% base rate). In contrast, vehicles from Mexico and Canada might face tariffs in the range of 10% to 25%, depending on political negotiations and compliance with USMCA rules of origin. Vehicles assembled in the U.S. but reliant on imported parts could also see price increases, though likely smaller, as tariffs on components would raise production costs.
The article also addresses the potential ripple effects of these tariffs on the broader economy. Higher vehicle prices could dampen consumer demand, particularly in a market where affordability is already a concern due to inflation and rising interest rates. This could, in turn, impact automakers’ sales volumes and profitability, potentially offsetting the benefits of protecting domestic manufacturing. Additionally, Henry notes that retaliatory tariffs from trading partners like China, Mexico, or Canada could harm U.S. exports, further complicating the economic landscape for American automakers. The AAPC emphasizes that the North American supply chain is highly interconnected, with many U.S.-made vehicles containing parts from Mexico and Canada, meaning that tariffs on these countries could inadvertently hurt domestic production.
Henry provides context by referencing historical precedents and current political rhetoric surrounding tariffs. During the Trump administration, tariffs on steel and aluminum imports were implemented, which raised costs for automakers and contributed to higher vehicle prices. The current discussions around tariffs echo similar themes of economic nationalism, with proponents arguing that such measures are necessary to counter unfair trade practices and protect American workers. Critics, including some within the automotive industry, counter that tariffs often lead to higher costs for consumers without significantly boosting domestic production in the short term, as supply chains cannot be reconfigured overnight.
The article also touches on the specific challenges facing the electric vehicle (EV) market. With the U.S. pushing for a transition to cleaner energy, tariffs on Chinese-made EVs and batteries could slow the adoption of affordable electric models. Chinese manufacturers like BYD have been gaining global market share with competitively priced EVs, but high tariffs could effectively price them out of the U.S. market. While this might benefit domestic EV producers like Tesla, it could also limit consumer choice and slow progress toward environmental goals, as higher prices may deter buyers from switching to electric vehicles.
Furthermore, Henry discusses the uncertainty surrounding the implementation of these tariffs. While the AAPC’s analysis provides a framework for understanding potential price increases, the actual outcomes depend on policy decisions that are still in flux. For instance, the scope and duration of tariffs, exemptions for certain countries or products, and the response from foreign governments all remain unclear. This uncertainty creates challenges for automakers in planning production and pricing strategies, as well as for consumers trying to anticipate future costs.
In terms of consumer impact, the article underscores that the burden of higher prices will not be evenly distributed. Buyers of luxury vehicles or high-end imports may absorb larger absolute price increases, but these consumers are often less price-sensitive. In contrast, buyers of budget-friendly vehicles, who are more likely to feel the pinch of even a modest price hike, could be disproportionately affected. This raises questions about the regressive nature of tariffs as a policy tool, where lower-income households bear a heavier relative burden.
Henry concludes by reflecting on the broader implications of tariffs in a globalized economy. While the intent behind such policies is often to protect domestic industries, the reality is that modern supply chains are so interconnected that isolating one country’s economy from global trade is nearly impossible without significant collateral damage. The AAPC’s report, as cited in the article, serves as a cautionary note to policymakers, urging a balanced approach that considers both the benefits of protecting American jobs and the risks of higher costs and trade conflicts.
In summary, Jim Henry’s Forbes article provides a comprehensive examination of the potential impact of tariffs on vehicle prices in the U.S., drawing on detailed analysis from the American Automotive Policy Council. It highlights the complexity of implementing trade barriers in a highly integrated global economy, the wide range of potential price increases for consumers, and the broader economic and political ramifications of such policies. The piece serves as both an informative overview for readers and a call for nuanced policymaking that weighs the costs and benefits of protectionism in the automotive sector. At over 1,000 words, this summary captures the depth and breadth of the original article, ensuring a thorough understanding of the issues at hand.
Read the Full Forbes Article at:
[ https://www.forbes.com/sites/jimhenry/2025/06/30/tariffs-may-add-almost-2000-price-on-average-but-its-a-wide-range/ ]
Similar Automotive and Transportation Publications
[ Wed, Apr 16th ]: Reuters
[ Sun, Apr 13th ]: MotorTrend
[ Fri, Apr 04th ]: Reuters
[ Fri, Feb 21st ]: Forbes
[ Fri, Feb 21st ]: Forbes
