President Trump’s auto tariffs won’t just make buying a car more expensive. They would make simply owning a car more expensive, too. Levies on imported vehicles stand at 25%, and tariffs of the same size are planned for auto parts in early May.

On March 26, 2025, President Donald Trump announced new tariffs on foreign autos. A fact sheet prepared by the White House said the tariffs would apply to imported passenger cars and light trucks, as well as many auto parts such as engines, transmissions, powertrain parts and electrical components.