Source: International Business Times
Trump’s tariffs, launched 2 April 2025, will push US car insurance premiums up 8% to £1,954 ($2,502) by year-end, as pricier parts and repairs ripple through. Picture this: you're already wincing at the pump, grumbling over grocery bills, and now your car insurance renewal lands like a brick through your windscreen. Thanks to President Donald Trump's tariff war, that premium is about to climb higher, with the average full-coverage policy in the US set to jump from £1,805 ($2,321) to £1,954 ($2,513) by December 2025.
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