Wednesday, May 07, 2025

America's Love Affair With Car Parts

I don't know how anybody affords to maintain car ownership.
That’s why a new round of auto tariffs – this time on parts – coming into effect Saturday could upend the industry, even more than previous levies on imported cars.

As of 12:01 am ET on Saturday, most auto part imports will come with a 25% import tax.
Insurance costs will rise, also, too.