Part 5/9:
Concerns have been voiced across various industries that depend heavily on aluminum, such as the automotive and housing sectors. It is estimated that tariffs could inflate the costs of new homes by up to $22,000. However, the overall impact on consumer prices might remain relatively modest, as aluminum often represents a small fraction of the total cost of finished goods.
For example, in a $40,000 vehicle, the tariff-related price increase might only be about $75. Many businesses may choose to absorb these costs or pivot to alternative materials to mitigate financial strains.