U.S. tariffs on Canadian and Mexican goods will hike prices of North American-produced vehicles by as much as $10,000 each, a consultant said.

President Donald Trump suggested imposing tariffs on auto imports, threatening to drive up the cost of cars further amid plans for tariffs on steel, aluminum, Canada, and Mexico. But economists and the insurance industry say that this will raise auto insurance costs.

The Trump administration plans to implement 25% tariffs on aluminum and steel. The craft beer industry could be hit particularly hard by the tariffs.

Asian countries are among the most vulnerable to President Trump’s economic grievances. But they are also best placed to make deals to minimize their exposure.

The Trump administration has urged Mexico to impose tariffs on Chinese imports as part of ongoing trade negotiations. The pressure comes as the US government threatens to impose 25% tariffs on North American trade partners,