Carmakers Face Doubts And Jolts Over US Tariffs

Will US consumers continue to buy cars after tariffs raise sticker prices? (Credit: AFP)

Raise prices or cut into their margins, open or close factories: carmakers must soon make major decisions as the United States imposes stiff tariffs on imported vehicles.

The 25-percent tariffs that the administration of President Donald Trump is imposing as of April 3 will apply to cars and car parts not manufactured in the United States.