Over 7 Million Vehicles Could Face The Brunt Of Trump's Auto Tariffs: 'This Could Drive...The Auto industry Into Recession'

Phil LeBeau, CNBC’s auto and airline industry expert, recently shed light on the potential consequences of a 25% tariff introduced by President Donald Trump on imported vehicles. With 7.38 million imported vehicles sold in the U.S. last year, the magnitude of the market that could be affected by such tariffs is substantial.