Car payments becoming unaffordable to many in the U.S.
Nitza Soledad Perez
North America;United States of America
Translating...
Content is automatically generated by Microsoft Azure Translator Text API. CGTN is not responsible for any of the translations.
Share
Copied
Error loading player: No playable sources found
02:26
Buying a used or new car in the U.S. comes with sticker shock for many people.
For those who finance, it's not unusual to pay more than a thousand dollars a month for an auto loan. Inflation and high interest rates are a tough combination.
History has repeatedly proved that the beggar-thy-neighbor protectionist policies do little to fix the US's underlying problems and will ultimately backfire.