Washington Watch
Companies may have to decide whether to eat the cost of importing vehicles, pass along the extra expense to buyers or spend money to set up a U.S. factory to assemble vehicles
Published: March 26, 2025 at 4:00 p.m. ET
President Donald Trump and his trade team are thinking about imposing tariffs on finished vehicles coming into the U.S. but not on automotive parts, according to a Wall Street Journal report citing Republican Sen. Bernie Moreno of Ohio and other people familiar with the discussions.
The report comes as Trump is expected to hold a news conference in the Oval Office around 4 p.m. Eastern time to announce tariffs on the car industry.
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