Trump, who has consistently advocated for American manufacturing, stated that the new tariffs aim to boost domestic car production and protect U.S. jobs. However, industry experts warn that the policy could lead to higher vehicle prices for consumers and potential retaliation from trading partners.
Several automakers, including European and Japanese manufacturers, have expressed concerns over the financial burden these tariffs may impose. Some companies are already considering shifting production to the United States to bypass additional costs.
The move is likely to intensify trade tensions between the U.S. and key automobile-exporting nations. Economic analysts suggest that while the policy may benefit local manufacturers in the short term, long-term effects on global trade and car affordability remain uncertain.