Tariffs will lead to 2 million fewer auto sales in US this year, auto advisory firm forecasts
A prolonged global trade war could reduce U.S. and Canadian auto sales by 1.8 million vehicles this year and lead to stagnant growth over the next decade, according to Detroit-based advisory firm Telemetry. If current tariffs, including President Trump’s 25% automotive import duty, remain until 2035, sales could drop by 7 million units compared to a no-tariff scenario.