President Trump says the tariffs will encourage investment in U.S. factories, but analysts say car buyers will have to pay thousands more.

President Trump says consumers can avoid automotive tariffs by purchasing American-made cars. But there's a catch.

President Donald Trump has announced far-reaching new tariffs on nearly all U.S. trading partners — including a 34% tax on imports from China and 20% on the European Union, among others.

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

President Trump announced a 25% tariff on all foreign-made automobiles. Those tariffs are set to go into effect Thursday.

The president announced 10% baseline tariffs on all imports and an across-the-board 25% tariff on all imported automobiles. In addition to the blanket duties, Trump shared a comprehensive set of reciprocal tariffs on specific countries,

What future months hold for the automakers is uncertain. President Donald Trump announced 25% tariffs on auto imports that go into effect on April 3. The tax hike means automakers could face higher costs and lower sales.