<ul><li>President Donald Trump's auto tariffs are set to take effect next week.</li><li>The 25% tariffs on all imported passenger vehicles and key car parts could make buying a new car a lot more expensive.</li><li>Automakers are warning that the tariffs could lead to price hikes ranging from $5,000 to $10,000, depending on the make, model, and price point of the vehicle.</li><li>The tariffs are expected to impact both foreign and domestic automakers, as well as the global automotive industry.</li></ul>

Get set to pay more for a new car now Trump's tariffs are here

Discover more