A new tariff on automobiles is projected to further increase already high insurance costs, according to recent analyses. The introduction of this tariff is likely to exert additional financial pressure on consumers, as car insurance rates have been on the rise. This development comes amid an environment where elevated insurance expenses continue to affect many vehicle owners. Industry experts suggest that such economic measures could have a significant impact on both the market and consumers.
Trump Tariffs to Raise Costs on Imports and Car Insurance
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