Car affordability has dropped significantly in the last five years, and at the same time, car loan delinquency and repossession rates have reached levels last seen in the 2008 financial crisis. But with affordability so low, what do the tariffs on imported vehicles and car parts mean for future car prices, and how will they affect the already tight credit of American consumers?  On this week's episode of Borderline Economics, we spoke to Professor Kishore Kulkarni from MSU Denver about how tariff costs are fundamentally passed through and what auto tariffs could mean for affordability in the coming years.

Learn about how tariffs are disproportionately impacting low-income households and families in poverty at www.borderlineeconomics.org.