The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs of auto parts could impact already heightened car prices. The largest impact on actual vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.

The world’s two largest economies did not strike a deal to avert sweeping U.S. tariffs, which came into effect after midnight. Beijing immediately retaliated.