President Trump’s auto tariffs won’t just make buying a car more expensive. They would make simply owning a car more expensive, too. Levies on imported vehicles stand at 25%, and tariffs of the same size are planned for auto parts in early May.

A new analysis by the Center for Automotive Research has found that President Donald Trump's 25% auto tariffs imposed in early April will increase costs by about $108 billion for automakers in the U.S.

Business owners in Solihull say they are nervous about the impact of Donald Trump's automotive tariffs on the town's economy. The US President has placed a 10% tariff on UK goods, but 25% on all imports of cars and car parts.

A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.

President Donald Trump announced the implementation of 25% tariffs on all automotive imports as well as what he calls “reciprocal tariffs” on all imports. Here’s what it means for car shoppers.

President Donald Trump announced that the United States would levy a 25 percent tariff on all vehicles assembled in foreign countries, beginning on April 2. He further announced that the tariff would be extended in May to include key components used in domestic production,