Trump Announces New Automotive Tariffs

March 28, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--President Donald Trump on Wednesday said imports of automobiles and auto parts are subject to a 25% tariff starting April 3. The president's latest trade maneuver is another effort to boost U.S. auto production and related project investment. Industrial Info is tracking about $150 billion worth of active and planned capital-spending automotive projects across the U.S., with about one-third of the activity attributed to the production of electric vehicle (EV) batteries.