Trump Enacts 10 Percent Tariffs On All Imports

We're still trying to cut through the noise of complicated breaking-news story, but it appears that these tariffs would be on top of other existing tariffs, such as the 25 percent tariff being placed on foreign-built automobiles and automotive parts. We haven't yet confirmed that, though, and we will update if and when we do.

There are already tariffs on steel and aluminum, too, that could affect the price of cars.

The 25 percent tariffs on foreign cars and car parts go into affect tomorrow.

Other countries are weighing their options, which might include retaliatory tariffs.

Europe, for example, might take American-built motorcycles with tariffs.

We'll keep our eye on what's a constantly developing story.

[Image: Joshua Sukoff/Shutterstock.com]

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