Ford may raise their prices in May if the fees continue on cars

A note directed to agents showed that Ford Motor may raise the prices of its new cars in May if the United States does not reduce customs duties on cars, according to Reuters.

American and international automobile companies accelerate to calm consumers’ fears that customs duties will lead to high prices, by providing price guarantees and large discounts.

Although the short -term repercussions of customs duties have prompted sales to rise, American auto manufacturers told legislators in special conversations that they will have to raise prices at a great pace if the customs duties continue.

An analysis conducted by the Automobile Research Center and published earlier this month concluded that the customs duties announced by President Donald Trump of 25 percent on auto imports and entered into force on the third of April will lead to high costs on American auto companies by about 108 billion dollars in 2025.

Earlier this week, Trump said he was considering modifying carbeclios related to cars, noting that he could give some exceptions.