NEW TARIFFSThe President of the United States announced new 25% tariffs on all cars and auto parts that are not manufactured in the U.S. Yes, you heard that right. Starting April 2nd, a 25% surcharge will be applied to every imported car, truck, and even spare parts like engines, transmissions, and electrical components. That means it’s not just about fully assembled vehicles—it also includes parts that even American automakers rely on for assembling their own cars!