Impact of Tariffs on Consumers and the Property Casualty Insurance Industry
February 03, 2025
February 03, 2025
CHICAGO, Illinois, Feb. 3 [Category: Insurance] -- The American Property Casualty Insurance Association posted the following news release:
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Impact of Tariffs on Consumers and the Property Casualty Insurance Industry
* Currently, about 6 out of every 10 auto replacement parts used in U.S. auto shop repairs are imported from Mexico, Canada, and China. If parts become more expensive, car owners will pay more each time they need something fixed. Repairs wo . . .
* * *
Impact of Tariffs on Consumers and the Property Casualty Insurance Industry
* Currently, about 6 out of every 10 auto replacement parts used in U.S. auto shop repairs are imported from Mexico, Canada, and China. If parts become more expensive, car owners will pay more each time they need something fixed. Repairs wo . . .