Trump’s 25% Auto Tariffs to Hit Automakers and Consumers Hard

U.S. President Donald Trump’s decision to impose a 25% tariff on cars and auto parts is expected to have significant consequences for the automotive industry and consumers, analysts warn. The tariffs will likely force automakers to reconsider supply chains, potentially leading to higher production costs and shifts in manufacturing. Consumers could face rising vehicle prices as companies pass on the added costs. Industry experts caution that the move may disrupt global trade dynamics and strain relationships with key auto-producing nations, adding further uncertainty to the market.