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International Business Times

Business

Trump Tariffs Fuel US Auto Anxiety

Donald Trump United States Jeff Schuster Jim Farley White House Canada European Union Mexico The United States Audi

Audi is among the German brands importing to the United States that could face higher tariffs under President Trump's 'reciprocal' trade strategy (Credit: AFP)

A flood of presidential trade policy announcements has kept US automakers on edge since Donald Trump returned to the White House last month.

While some signature threats -- like 25 percent tariffs on Mexico and Canada -- have been wielded and then paused, Trump's multipronged assault on the international trade order is building up incremental cost pressures, according to auto industry experts.

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