New York City’s Metropolitan Transportation Authority reports that former President Trump’s tariffs on steel and aluminum have driven up costs by over $1 billion for the purchase of new subway cars and buses. The agency cites the tariffs as a key factor in the increased expenses, which could impact transit projects and maintenance budgets. With the city already facing financial pressures, the added costs raise concerns about long-term funding for public transportation upgrades. Details on how the MTA plans to address the financial strain remain unclear.
MTA says Trump's tariffs added $1B to cost of NYC's new train cars, buses Gothamist
