President Donald Trump says he is placing 25% tariffs on auto imports. The White House says the move will foster domestic manufacturing, but it could also put a financial squeeze on automakers that depend on global supply chains.

Any U.S. tariffs affecting motor vehicles and their supply chains could have massive implications for the industry globally and in the United States.

President Donald Trump will announce tariffs on auto imports, a move the White Houses claims would foster domestic manufacturing that could also put a financial squeeze on automakers that depend on gl