Have your eye on a shiny new Lexus out of Canada? That $90,000 purchase price would become $112,500 when you add the proposed 25% tariff Trump wants to demand on Canadian imports. And if China, Mexico, and Canada look to other countries for their imports, our real GDP is going to be in the toilet.
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Jeyzuz. We bought a new BMW SUV in 2018, and it was only $38K (price, tax, title, reg).