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prima:New cars would be more expensive due to Mexico and Canada tariffs

With higher prices, car sales will go down in Puerto Rico, interviewees say

February 4, 2025 - 12:45 PM

Experts consulted by El Nuevo Día agreed that President Donald Trump's round of tariff increases is keeping the automotive industry in an atmosphere of uncertainty. (Shutterstock)

Before U.S. President Donald Trump ordered a new 25% tariff on imports from Mexico and Canada, Puerto Rico’s automotive sector expected a drop in new vehicle sales this year. Now, the tariff hike will result in an increase in prices, which will further discourage local demand.

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