The measure is intended to bring car factories to the United States but could increase prices for consumers significantly.

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

President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US. Trump said the latest ...

President Donald Trump on Wednesday announced a 25% tariff on imported cars and key auto parts. Here's what it means for new and used car prices.