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A 25% tariff on imported auto parts is now in effect.
President Trump has offered automakers a partial reprieve for automakers.
But as NPR's Camila Dominovsky reports,
the tariffs are still expected to have a major impact on the auto industry.
This week,
President Trump announced that automakers importing foreign parts for U.S.-built cars could get reimbursed for some tariffs,
temporarily,
in recognition of the fact that it's not possible to build a car with exclusively U.S. parts.
right now.
The industry welcomed the changes,
but the tariffs are still expected to cut profits and drive up prices.
The reprieve doesn't extend to anyone buying parts for repairs,
so the tariff will make it more costly to maintain existing cars,
as well as sending insurance prices, which have been rising for several years, up even higher.