Analysis-Why Trump's auto tariffs will hurt his working-class supporters

FILE PHOTO: A man gazes into the window of the 2025 Toyota Corolla Hatchback on display during media preview day at the Detroit Auto Show, in Detroit, Michigan, U.S. January 10, 2025. REUTERS/Eric Cox/File Photo

DETROIT (Reuters) - Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere.

Lower-income buyers will suffer another blow from expected hikes in used car prices as demand surges and supply shrinks.