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Benzinga
Benzinga
Business
Namrata Sen

Trump Tariff Worries Drive Middle-Income Americans To Rush Car Buys: Report

Closeup,Hand,Of,Unrecognizable,Black,Male,Buyer,Getting,Car,Key

As the uncertainty surrounding Trump tariffs and other policy changes in Washington continues, middle-income Americans are accelerating their car-buying plans, a new survey reveals.

What Happened: A new survey by Santander Holdings USA shows that the majority of middle-income Americans are concerned about rising car prices and the impact of future price uncertainty. Despite these worries, three-quarters of the respondents believe they are on the right financial track, reported Axios on Monday.

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