Former President Donald Trump is considering implementing a 25% tariff on imported cars, along with similar tariffs on pharmaceuticals and semiconductors. These potential tariffs are expected to reshape U.S. trade policy and may lead to significant increases in car prices. Automakers, including Ford and Hyundai, have expressed concern about the impact this could have on the auto industry, warning of potential job losses and increased costs for consumers. Trump is anticipated to provide further details about these tariffs around April 2, stating that the tariffs could start at 25% but may increase over time.