The presidential proclomation enacting the tariffs goes into effect April 3. Here's what we know about the automotive tariffs so far: Put simply, tariffs are additional taxes placed on imported goods to make those goods look undesirable to consumers in the U.

U.S. Judge Royce Lamberth issued a temporary restraining order Tuesday afternoon that blocked the dismantling of the organization, finding the Trump administration’s attempt to defund the group was “unsupported by any facts or reasoning” and likely violated federal law.

Auto dealers in Daytona Beach offered different reactions to the new 25% tariffs on foreign-made autos and parts currently set to begin April 2.

WASHINGTON (AP) — President Donald Trump said he was placing 25% tariffs on auto imports, a move the White House claims would foster domestic manufacturing but could also put a financial squeeze on automakers that depend on global supply chains.

President Trump announced potential tariffs on foreign-made cars to encourage the purchase of American-made automobiles. CBS News' Ed O'Keefe reports.

I am very concerned tariffs are going to raise construction costs across the board,” said veteran Arizona developer Steve Betts.

President Trump’s decision is expected to increase car prices by thousands of dollars starting this summer as automakers look to pass some of their new import costs on to consumers.

Ferrari plans price increases of up to 10% on some of its models after the introduction of U.S. auto tariffs, as the sports-car maker races to mitigate a hit from the duties. U.S. President Trump said he will impose 25% tariffs on all vehicles imported to the country from April 2,

Tariffs will hit a $240 billion trade route, with imported cars and light trucks accounting for about half of the roughly 16 million vehicles sold in the US last year