<h1>Trump Plans New Auto Import Tariffs to Boost US Manufacturing; Global Supply Chains and Automaker Stocks at Risk</h1> President Donald Trump is set to announce new tariffs on auto imports, aiming to boost domestic manufacturing, though it may financially impact automakers reliant on global supply chains. The tariffs will be outlined at a White House news conference. Stocks of major automakers like General Motors, Ford, and Stellantis have already declined in anticipation. Trump's broader trade strategy includes imposing reciprocal taxes on various imports and has already affected trade with China, Mexico, and Canada. These measures risk sparking a global trade war, potentially raising costs for consumers and businesses. Additionally, Trump administration officials face a lawsuit from The Associated Press over alleged punitive actions.