President Donald Trump is set to sign an executive order relaxing some of the 25 percent tariffs on autos and auto parts, reversing a policy that threatened to hurt domestic manufacturers.
Experts predict rising car prices as potential tariffs on imported materials and vehicles from Canada and Mexico threaten to disrupt the U.S. auto market, making cars less affordable for consumers.
Tariffs and trade policies from the Trump administration continue to impact the automotive industry, with Ram trucks potentially facing significant price increases and production adjustments.
