Car prices have been climbing for years. In September, Kelly Blue Book reports , the average transaction price of vehicles reached $50,000 for the first time ever. This was partly due to consumers rushing to purchase more costly electric vehicles (E.V.s) before federal tax incentives ran out , and the average transaction price has fallen slightly since then. But it remains stubbornly high, hitting $49,766 in October .

President Donald Trump's trade wars certainly haven't helped automobile consumers . But on Wednesday, his administration did something that could actually bring car prices down: It moved to loosen the federal government's Corporate Average Fuel Economy (CAFE) standards.

These standards, which are set by the Transportation Department, regulate how far a vehicle must travel o

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