<p><a target="_blank" href="https://www.cnbc.com/2025/02/12/mexico-canada-tariffs-could-add-6000-to-the-cost-of-a-car-by-one-estimate.html">American car</a> buyers may face higher costs as President Donald Trump’s proposed 25% tariffs on vehicles and auto parts from Mexico and Canada could add an estimated $5,790 to the average car price, according to Benchmark Co. With over 22% of finished cars and 40% of parts imported from these countries, the auto industry is among the most impacted. Though Trump briefly suspended the tariffs after reaching tentative agreements, uncertainty remains, leaving consumers and automakers bracing for potential cost hikes.</p>


[American car](https://www.cnbc.com/2025/02/12/mexico-canada-tariffs-could-add-6000-to-the-cost-of-a-car-by-one-estimate.html) buyers may face higher costs as President Donald Trump’s proposed 25% tariffs on vehicles and auto parts from Mexico and Canada could add an estimated $5,790 to the average car price, according to Benchmark Co. With over 22% of finished cars and 40% of parts imported from these countries, the auto industry is among the most impacted. Though Trump briefly suspended the tariffs after reaching tentative agreements, uncertainty remains, leaving consumers and automakers bracing for potential cost hikes.

Trump's proposed 25% tariffs on Mexico and Canada could raise the average new car price by nearly $5,790, impacting consumers and the auto industry.

Trump's tariffs may add $5,790 to car

Proposed tariffs on Mexico and Canada could drive up car costs significantly