It’s the latest in a number of auto industry maneuvers by Trump during his first weeks back in the White House. Auto companies are also navigating the reversal of fuel economy standards, dialed down greenhouse gas emission standards and a host of electric vehicle policy rollbacks.

On top of that, Trump has already enacted 25% tariffs on steel and aluminum shipped to the US and he’s threatened to impose tariffs on copper. All three metals are needed to make cars, therefore, tariffs on those will also raise the cost of making a car.

The White House expects the action to generate $100 billion in annual revenue and drive a resurgence in domestic automobile manufacturing.

An across-the-board hike of up to 20% is back on the table ahead of Wednesday’s deadline.

Donald Trump's tariffs will lead to higher prices, fewer choices of models or limits on features for consumers, industry experts said.

Noted economist Arthur Laffer warns in a new analysis President Donald Trump’s 25% tariffs on auto imports could add $4,700 to the cost of a vehicle.