Inga Fechner and Rico Luman, economists at Dutch bank ING, said that while Germany is most exposed to Trump's 25% auto tariffs in terms of value, it is Slovakia that may feel the biggest impact. Nicknamed the "Detroit of Europe" due to its thriving automotive industry,

The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.

European carmakers are trying to work out how much their prices might have to rise in response to looming U.S. import tariffs, industry sources said.

FOX 13’s Evyn Moon reports on the potential economic impacts of the Trump Administration's new tariffs on foreign goods.

U.S. buyers snapped up more pickup trucks and sport-utility vehicles in the first quarter from a year earlier in the run-up to President Donald Trump's tariffs on auto imports, which could raise prices by thousands of dollars.

Tariffs on imported cars and auto parts are expected to take effect this week, which economic analysts say will impact more than just new car prices.