People are now realizing the impact of Trump’s new tariffs as the price of an $80,000 truck instantly rises during live TV coverage.
A recent event has brought attention to the effects of Donald Trump’s tariffs on everyday items.
During a live television broadcast, the price of a Dodge Ram truck increased dramatically, shocking viewers and prompting discussions online.
A $80,000 truck price spikes instantly on live TV after Trump’s new tariffs
On March 4, a segment aired on Fox News where the price of a truck was revealed to have risen.
The Dodge Ram, which previously cost $80,000, suddenly became priced at $100,000 due to the new tariffs.
This instant price hike highlighted the immediate impact of the tariffs on consumers.
David Kelleher, the owner of a car dealership in Pennsylvania, shared his experience during the broadcast.
He stated that he had sold an order for an $80,000 truck, but the price had jumped to $100,000 overnight.
Kelleher expressed concern that the customer would no longer buy the truck, resulting in it sitting unsold on his lot.
“I sold an order for a customer – $80,000 truck. It’s $100,000 now.
“He’s not going to buy the tuck. It’s going to sit on my lot – you know the highest interest rates we’re paying for floorplan.
“Nobody’s gonna buy the truck because it just had a $20,000 price increase.”
Fox: This Dodge Ram truck was $80,000. It instantly just became $100,000 under Trump’s tariff tax hike pic.twitter.com/Q3vOMKd9Ne
— FactPost (@factpostnews) March 4, 2025
Understanding tariffs and their purpose
Tariffs are taxes placed on imported goods. They are intended to protect domestic industries by making foreign products more expensive.
Trump’s administration has imposed numerous tariffs on countries like China, Mexico, and Canada.
The government claims these measures are necessary to address threats, such as illegal immigration and drug trafficking.
However, the tariffs also mean that consumers in the U.S. will pay higher prices for many goods.
The added costs are often passed down to the buyer, which can lead to frustration among consumers.
Tariffs significantly raise costs for consumers.
As people begin to realize the effects of these tariffs, concerns are growing about their impact on everyday life.
Beyond the truck example, many products are likely to see price increases.
This could affect everything from electronics to clothing, making it harder for families to afford basic necessities.
The Dodge Ram price increase is just one example of how tariffs can ripple through the economy.
As businesses face higher costs, they may be forced to adjust their prices, putting financial pressure on consumers.
Viewers baffled as prices skyrocket due to Trump’s new tariffs.
The immediate reaction to the live TV segment was one of surprise and disbelief.
Viewers took to social media to express their thoughts.
Many were shocked that a $20,000 increase could happen so quickly and were concerned about the implications for other products.
Critics of the tariffs argue that they hurt American consumers more than they help American businesses.
They believe that the tariffs do not effectively address the issues they are meant to solve and instead create unnecessary financial burdens.
One user said: I’m confused, as Dodge is American and therefor should not have a tariff.
The only way I see that happening is if it were assembled out of country, maybe? Maybe because of parts made overseas?
The second user wrote: How can it increase already! Your getting ripped off then and companies taking advantage of it
The third user commented: Good. At least those morons who voted for him will realize
The fourth user added: Tariffs will only affect consumers in the US. The rest of the world can do without American products.
Another user said: They prices will go up for a while but the companies will have to invest in America coz it’s their largest market!!
Someone wrote: He’s gonna make this land like Russia. That’s the goal. His dream.
His idol is Putin lol obviously he wants to be like him in some ways that will not benefit us citizens
Counter-tariffs from other countries
In response to Trump’s tariffs, other countries have imposed their own tariffs on U.S. goods.
For example, China announced it would impose taxes on various American products, including coal and farming equipment.
Canada has also responded with its tariffs on U.S. goods.
These counter-tariffs can create a cycle of escalating trade tensions.
As countries retaliate against one another, consumers in both nations may face higher prices and limited choices.
The global economy can be affected, leading to broader implications for trade and commerce.