President Donald Trump is pushing tariffs to force companies to move manufacturing to the United States. Almost half of all new cars are built somewhere else and the supply chains for parts and materials is murky. But even the “most American-made” cars take at least 25% of their parts from other countries. So how much can the industry reshore? How much more would a car cost if it had 80 percent US parts? 90%? CNBC dove in to find out.
Chapters:
00:00 - 01:15 Introduction
01:24 Chapter 1: A lack of transparency
04:46 Chapter 2: Global supply chains
06:59 Chapter 3: Sourcing challenges
11:26 Chapter 4: Solutions
Produced by: Robert Ferris
Edited by: Nic Golden Henry, Evan Lee Miller
Animations: Mallory Brangan
Additional Reporting: Michael Wayland
Senior Managing Producer: Tala Hadavi
Additional footage: Ferrari, Ford Getty Images, Stellantis, Volkswagen
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The Cost Of Making A 100% American Car