Why Trump’s Auto Tariffs Are Poised to Drive Up Car Prices

President Donald Trump is betting that tariffs on imports of vehicles and automotive parts will bring more manufacturing to US shores.

Realizing that ambition rests on a major overhaul of the globally integrated supply chains the auto industry has spent decades fine-tuning. Cars aren’t single-origin products like coffee. They’re made up of tens of thousands of components — from transmissions to alternators to individual springs — that are sourced from all over the world.