Auto Industry Waits (And Waits) To See If Trump Will Slap New Tariffs On Cars

New cars sit in a lot at the Auto Warehousing Co. near the Port of Richmond in Caliornia on May 24, 2018. President Trump has threatened to impose heavy tariffs on auto imports, but the White House has not announced a decision.

President Trump’s tariff tit-for-tat with China is not the only trade tension in town. The White House is weighing the possibility of tariffs on cars and car parts from Europe and Japan.

(Image credit: Justin Sullivan/Getty Images)