The average price tag for new cars sold in the U.S. may increase by thousands of dollars as they face President Donald Trump’s looming 25% tariffs on all imported vehicles and some auto parts, according to industry analysts.

Car buyers looking to snag new wheels will likely be confronted with sticker shock after President Trump’s 25% tax on imported vehicles and auto parts kicks in. Trump’s tariff on cars and light trucks is set to take effect on April 3 while tariffs on certain auto parts, including engines and transmissions, will take effect no later than May 3.

U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the definitive guidance they seek.

US President Donald Trump has announced new import taxes of 25% on cars and car parts coming into the US in a move that threatens to widen the global trade war. Trump said the latest tariffs would come into effect on 2 April,

Major automakers can deal with President Donald Trump's tariffs on U.S. auto imports in a number of ways, but all of them lead to higher prices, fewer choices of models or limits on features for consumers,

UK car firms are seeking support from the government as hopes fade a deal can be reached with US President Donald Trump over US tariffs. Companies met with industry minister Sarah Jones on Friday morning to discuss their response to plans for 25% tariffs on US car imports from next week,

The global car industry has been thrown into turmoil by Donald Trump’s new “draconian” tariff regime that automotive executives expect will raise American vehicle prices, reduce US car production and cost carmakers up to $110bn.

The new levies on cars and light trucks will take effect on April 3, the day after Trump plans to announce reciprocal tariffs aimed at the countries responsible for the bulk of the U.S. trade deficit.