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If Trump axes NAFTA, new car prices could go up

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FeedBot Grand Master

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A Honda dealership in Erie, Penn.If the Trump administration renegotiates or even pulls out entirely from the North American Free Trade Agreement, new car buyers may be forced to pay considerably higher prices. Among all the rumors swirling around President Donald Trump's plan to scrap NAFTA and tax products imported into the U.S. from global trading partners like Mexico is that...

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Frosty Grand Master

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Is this terribly shocking news? Automakers look for any excuse to raise prices. Consumers are always expected to pay in the end. I have not yet seen  any manufacturer price war themselves to lower prices, it's always up! Just a matter of time before they price themselves out of business.

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