Automakers are facing increasing cost pressures stemming from tariffs. In recent weeks, Ford Motor and Subaru of America have hiked prices on some models due to higher costs from Trump's tariffs. In May, Ford estimated tariffs would cost it about $1.5 billion in adjusted earnings.

Christian Klanica’s gut told him President Donald Trump wasn’t done raising steel and aluminum tariffs, so he turned down long-term production contracts and stocked up on supplies throughout the spring for his tool-and-die shop in Hempfield.