Trump's 25% tariff on imported cars raises concerns industry leaders
President Donald Trump’s recent announcement of a 25% tariff on imported cars and car parts is generating significant concern among U.S. consumers and industry leaders. The tariffs – set to take effect on April 3 – aim to bolster domestic manufacturing by reducing reliance on foreign-made vehicles and components. However, experts warn these measures could lead to higher prices and supply chain disruptions. Industry leaders express concern over the tariffs’ potential impact on the automotive supply chain. The Wall Street Journal reports that U.S. manufacturers are already facing challenges due to previous tariffs on steel and aluminum, which have disrupted