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New tariffs drive fears of rising car prices in the U.S.

03:43
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A car carrier trailer drive to cross to the U.S. at Otay Commercial port in Tijuana, Mexico on January 31. President Donald Trump's threatened tariffs on Mexico and Canada, set to go into effect on Tuesday, would hurt the Mexican economy — but also hurt auto plants in the U.S. (AFP via Getty Images)
A car carrier trailer drive to cross to the U.S. at Otay Commercial port in Tijuana, Mexico on January 31. President Donald Trump's threatened tariffs on Mexico and Canada, set to go into effect on Tuesday, would hurt the Mexican economy — but also hurt auto plants in the U.S. (AFP via Getty Images)

This article was originally published on March 03, 2025.

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