Looming tariffs on imported cars could mean more than just higher prices for buyers and lower profits for automakers – it could also mean layoffs for American autoworkers. President Donald Trump says his auto tariffs will remake the industry,

A U.S. car with U.S. parts is a fictional tale,” says Wedbush’s Dan Ives, criticizing U.S. tariffs on imported vehicles and auto parts for creating “pure chaos” in the auto industry and likely driving up the price of a typical car by $5,

There are still a lot of unknowns, but if this remains in place, there will clearly be some pain for the companies to digest.”

President Donald Trump’s 25% tariffs on imported cars and car parts will cause “pure chaos” in the auto industry and hike car prices by up to $10,000 or $15,000, wrote analysts at Wedbush Securities.

Investors are bracing for what President Trump is calling "Liberation Day" when new tariffs are expected this Wednesday. There's an expectation that prices will go up, especially on cars. This morning on Good Day Seattle,

Shawn Fain, president of the United Auto Workers union, praised President Trump's move to impose tariffs on vehicles, while noting that "tariffs aren't the total solution."

Paslin supplies assembly lines but because of tariffs, automakers have put vehicle projects on pause. How Paslin is staying afloat amid lost work.

By David Lawder and David Shepardson (Reuters) -Canada and Mexico won protections against potential new U.S. auto tariffs in 2018 as part of the U.S.-Mexico-Canada Agreement on trade, but there is no evidence that President Donald Trump will honor those commitments as he imposes 25% duties on global automotive imports.