Car shoppers are descending on showrooms. Automakers are speeding up shipments of new vehicles. Dealers are huddling with their rivals to exchange ideas on how best to cope.

President Donald Trump’s plan to slap a 25% tariff on imported automobiles puts consumers looking to buy a new vehicle in a tough spot. The tariffs, set to kick on in April 2, are likely to raise prices for many new cars—whether they’re assembled in the U.

Karl Brauer, iSeeCars, looks at potential tariff impacts on car prices and how consumers can get the best deal possible when shopping for a car now or in the near future.

Analysts say brands such as Lexus, Toyota, Honda and Subaru are likely to be among the first to face higher costs.

U.S. President Donald Trump's announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global carmakers warned of immediate price hikes and dealers raised fears of job losses in big auto-exporting countries,

Any inflationary pressure from Trump administration tariffs is "not nearly the magnitude" of what "hysterical" people think, according to former Toys"R"Us CEO Gerald Storch.

Shoppers Brace for Higher Prices as Trade War Tariffs Could Impact Retail. Shoppers Brace for Higher Prices as Trade War Tariffs Could Impact Retail

Gold prices held steady on Wednesday as market participants squared positions ahead of U.S. President Donald Trump's sweeping reciprocal tariff plans, which they fear will fuel inflation and hinder economic growth.