Americans are rushing to buy cars before Trump's tariffs kick in

Sales of US motor vehicles and parts soared in March, new data showed.

FREDERIC J. BROWN/AFP via Getty Images

• Auto sales jumped in March, likely because of tariff concerns.
• Loan applications rose after Trump's tariff announcement, and inventory at dealerships has slipped.
• Different kinds of businesses, from vehicles to clothing, may increase prices due to tariffs.

Car buyers weren't waiting around for potential price increases once tariffs took effect.

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