Trump's Auto Tariffs Set to Reshape Global Trade Dynamics

A 25% tariff on imported vehicles and parts begins April 3, with global retaliation expected and concerns over economic fallout mounting.

President Donald Trump will implement a 25% tariff on all imported vehicles and auto parts starting April 3, aiming to boost U.S. manufacturing and reduce the trade deficit.
The European Union and Canada are preparing retaliatory tariffs, escalating global trade tensions and raising the risk of a broader trade war.
Economists project significant price hikes for U.S. car buyers, with new vehicle costs potentially increasing by $3,000 to $10,000 due to the tariffs.
U.S. automakers and supply chains reliant on imported parts face disruption, with analysts warning of potential recessionary effects and prolonged market volatility.
Texas and other states heavily involved in international trade are expected to be among the hardest hit, with job losses and economic strain anticipated.