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International Business Times
International Business Times
Business

Texans Warily Eye Impact Of Trump's Tariffs On Their Beloved Trucks

Donald Trump United States Toyota
Tariffs -- taxes or fees on imports -- typically affect the price paid by consumers (Credit: AFP)

Fearing that US President Donald Trump's 25 percent tariffs on imported cars and auto parts could spark "paranoia" among buyers and drive up prices, Arthur Bibbs has decided to go ahead and buy a secondhand truck now.

"I lost my truck in a storm, and I wanted to buy a vehicle as soon as possible before things get too complicated," said Bibbs, a 38-year-old Texan who works for an electric company.

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