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President Trump's softened automotive tariffs will ease price increases but not prevent them entirely. Experts predict rising car prices, especially for models with high percentages of imported parts. Domestically-focused brands like Tesla are expected to be less affected, while those with a high percentage of imported parts, such as Mazda and Hyundai, will face significant price hikes. The short-term tariff relief may lead to increased lobbying and economic uncertainty, with long-term impacts on the market and supply chains.

Prepared by Christopher Adams and reviewed by editorial team.