The Wall Street Journal writes the following here. Senator Trump to softened blow of automotive tariffs. It goes on to say analysts predicted higher prices for cars as the result of Trump's auto tariffs. Morgan Stanley estimated the 25% tariff could increase the average cost of a car by $6,000. which would translate into a 10% to 12% price hike. Do you foresee that happening at all, sir? Well, first of all, the opposite has happened. Ford and Stellantis have announced employee pricing. (01:01–01:08)
CLAIM
Asserts that Morgan Stanley estimated a 25% tariff could raise car prices by $6,000.
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