The Globe and Mail reports in its Friday edition that Donald Trump rode a wave of anger about inflation back to the White House in November. The Globe's Mark Rendell writes, however, that since returning to office, he has pursued an aggressive trade agenda that risks pushing up prices for Americans and inflaming the cost-of-living concerns that got him re-elected. The U.S. President's decision to impose 25-per-cent tariffs on all imports of vehicle and auto parts will have a direct impact on auto prices in the U.S., and could feed through into prices for used vehicles, repairs and insurance. Estimates vary about the size of the sticker shock, but analysts think the price tag on a new vehicle could jump by several thousand dollars, depending on the model and how much car manufacturers and dealers are willing to absorb the increased costs across the supply chain in their profit margins. "A lot of the estimates I've seen are anywhere from $3000 to $10,000," said BMO senior economist Erik Johnson. "It does have the risk of making new vehicles into even more of a luxury item. Not a lot of households are going to be able to finance new vehicles at current interest rates and these elevated price points potentially."