Will cars priced below $30,000 disappear? Trump's tariff plan to hit affordable vehicles the hardest

The US car industry has a 'big case of anxiety' about President-elect Donald Trump's proposed 25 percent tariff on Mexico and Canada imports. The automotive sector could get hit by Donald Trump's proposed tariffs on Mexico and Canada. Trump's tariff proposal could add about $3,000 to the average cost of every car sold in the US.