In Wheel Time - Cartalk Radio

The ripple effects of Trump's tariffs are sending shockwaves through luxury car dealerships across America, upending a market that remained resilient even during the pandemic and chip shortages. When customers start canceling orders for $750,000 Lamborghinis rather than pay an additional $75,000 in tariffs, something significant is happening.What makes this story particularly compelling is the human element behind the headline numbers. While wealthy buyers can simply walk away from these purchases, dealership employees - from mechanics to salespeople - face the real consequences. One luxury dealer reports earnings down 70-90% compared to previous years, forcing painful business decisions that affect ordinary working people.The tariff situation has evolved rapidly. European vehicle duties jumped from 2.5% to 25% in April, with British automakers receiving some relief at 10% starting June 30th. The European Union now faces a potential 30% tariff beginning August 1st if new trade agreements aren't reac