Get set to pay more for a new car now Trump's tariffs are here

President Donald Trump's auto tariffs are set to take effect next week.

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• Trump's auto tariffs have landed — and they may have a major impact on car prices.
• JP Morgan analysts say 25% tariffs on cars from Mexico and Canada could push up prices by as much as $2,500.
• Auto stocks fell on fears the tariffs will impact the global automotive industry.

After several false starts, Trump's auto tariffs are finally here — and they could make buying a new car a lot more expensive.