Trump's Trade Policies Impact Car Prices and Global Markets

President Trump's trade policies, including tariffs on imported goods, are impacting various sectors. Delayed tariffs on goods from Canada and Mexico could increase new car prices by $4,000 to $10,000, with electric vehicles potentially facing even higher increases. Tariffs on steel and aluminum, already in effect, also affect car manufacturers. The auto industry anticipates spreading price increases across all models. Used car prices are also expected to rise due to anticipated disruptions in the new-car pipeline. Global markets are also reacting to Trump's tariffs. Stocks exposed to countries facing tariffs, such as China and Mexico, have seen declines. U.S. sectors like technology, materials, and energy are particularly vulnerable, while utilities and healthcare may be more resilient. Thailand's export sector faces increasing risks due to a strong baht, rising production costs, and other economic weaknesses, exacerbated by Trump's tariff policies. The Thai National Shippers' Council warns of a "ticking time bomb" for the country's exports. Gold prices have surged, reaching record highs. The U.S. has seen fluctuations in egg prices, influenced by import policies. There are speculations about the U.S. preparing a gold standard with China.