Tariffs implemented by the Trump administration may boost prices and reduce vehicle production, an analyst for S&P Global Mobility said Tuesday.

WGN's Shannon Halligan breaks down how Donald Trumps tariff's are being felt around the Midwest, especially when it comes to the housing and auto industry.

Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.

Automotive experts believe the added costs of President Trump's tariffs will be passed on to the consumer, and the auto industry could see the biggest price shock of any goods coming from Canada, Mexico and China.

The auto industry is experiencing a temporary reprieve after President Donald Trump announced a delay in imposing tariffs on Mexico and Canada until April 2. Th

President Donald Trump this week imposed new 25% tariffs on a host of products coming in from Canada and Mexico. On Wednesday, the president amended that order by announcing a month delay for those tariffs on automakers who import cars from Canada and Mexico.

A third of North American vehicle production could be cut by next week as a result of Trump's 25% tariffs on Mexico and Canada, S&P Global Mobility reports.