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 This would translate into a 10% to 12% price hike [for cars]. Do you foresee that happening at all, sir? Well, first of all, the opposite has happened. Ford and Stellantis have announced employee pricing. Hyundai, Kia have frozen sticker prices. (01:01–01:14)
CLAIM
Asserts that the tariff could lead to a 10% to 12% increase in car prices.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
