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Trump’s tariffs are now raising prices for car parts. Will your auto insurance increase, too?

Moneywise
Summary
Nutrition label

58% Informative

The cost of full-coverage car insurance in the U.S. could increase by 8% on average this year with Trump ’s 25% import tariffs on car parts made in Mexico and Canada .

With Canadian steel and aluminum facing the same tariff, the price of manufacturing auto parts in America could also skyrocket.

New York state will see the biggest increases in insurance rates this year , totalling $ 489 by end of year.

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VR Score

53

Informative language

50

Neutral language

16

Article tone

informal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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