America’s most popular pickup truck might not be able to outrun President Trump’s new tariffs on steel and aluminum.
The Ford F-150, the top-selling vehicle in the U.S. and the automaker’s main profit engine, is one of the industry’s biggest users of aluminum. The Trump administration reinstated early Wednesday a blanket 25% tariff on steel imports and boosted the levy on aluminum made outside the U.S.
The tariffs are the latest Trump administration trade barrier that threatens to inflate already-high car prices. Together, the metals account for more than half the materials that go into cars, and costs from the tariffs likely will get passed along to car buyers, analysts say. If left in place, they could on average inflate the costs to automakers of building a car by about $400 per vehicle.
