In the face of tariffs on imports from Mexico, Canada, and Europe, the Volkswagen Group is considering moving Porsche and Audi EV production Stateside, per Handelsblatt. Before even taking office, President-Elect Donald Trump lodges decisions that would directly impact consumer's wallets.

President Trump has threatened import tariffs on automobiles seemingly forever, ranging from 25 percent to 300 percent depending on how he’s feeling that day, but the administration seems poised to launch a new raft of import tariffs on February 1.