When the cost of repairing and replacing vehicles increases, these costs trickle down to insurance companies, who pass them on to policyholders. President-elect Trump has indicated that this tariff could be placed on all goods entering the U.S. from Mexico and Canada, impacting auto insurance costs in a few ways:

President-elect Donald Trump says U.S. Steel will thrive under his plan to impose tariffs on other nations, putting his imprint on the debate around whether a Japanese firm should have acquired it.

ABC’s Mireya Villareal reports from Texas about how President-elect Donald Trump’s threat of tariffs could impact the economy along the United States and Mexico border.

Big corporate donors to President-elect Trump's inaugural committee could soon find themselves in the crosshairs of his trade policy. Why it matters: Ford, General Motors, Stellantis, Stanley Black & Decker and Apple's Tim Cook all have written seven-figure checks for Trump's inauguration,