Trump announces 25% tariffs on finished cars and some parts. That’s tough for the auto industry. - MarketWatch

1. Trump announced a 25% tariff on foreign cars and key parts. 2. Tariffs begin April 3, creating potential cost burdens for auto manufacturers. 3. GM shares fell 3% following the tariff announcement. 4. Production relocations and new plants face significant time and investment challenges. 5. Tariffs may force companies to decide between absorbing costs or raising prices.