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In this episode of "This Podcast is Not Real," our AI hosts unpack President Trump’s latest move: a 25% tariff on imported vehicles and auto parts. While the administration frames it as a push for domestic manufacturing and economic growth, consumers could see higher prices on cars, repairs, and even insurance.
But that’s not all—Trump also teased a future tax incentive allowing deductions on interest for loans on American-made cars, a move meant to sweeten the deal.
So, should you wait it out or buy before the storm hits? Will this spark a manufacturing boom, or just burn your budget? Buckle up as we explore the incentives, impact, and uncertainty surrounding the road ahead.
In this episode of "This Podcast is Not Real," our AI hosts unpack President Trump’s latest move: a 25% tariff on imported vehicles and auto parts. While the administration frames it as a push for domestic manufacturing and economic growth, consumers could see higher prices on cars, repairs, and even insurance.
But that’s not all—Trump also teased a future tax incentive allowing deductions on interest for loans on American-made cars, a move meant to sweeten the deal.
So, should you wait it out or buy before the storm hits? Will this spark a manufacturing boom, or just burn your budget? Buckle up as we explore the incentives, impact, and uncertainty surrounding the road ahead.