If Trump’s tariffs take effect next month, consumers are unlikely to see price increases until the current inventory is sold, according to Felipe Muñoz, a senior analyst at auto consulting firm JATO Dynamics. Across the industry, that could mean a roughly two-month buffer between tariffs starting and prices increasing at the dealership, Muñoz said.

President Donald Trump’s desire to get even on countries by matching tariffs they have on American goods could come at a steep cost.

Trump has paused tariffs on small-value packages arriving from China, apparently to give U.S. agencies time to sort out how to process millions of such shipments.