Even wealthy luxury car buyers may be stopped in their tracks due to new Trump auto tariffs. And that could spell trouble for sports car legend Ferrari (RACE), JPMorgan autos analyst Ryan Brinkman warned.

The measure is intended to bring car factories to the United States but could increase prices for consumers significantly. The president said the tariffs will start next week.

This will continue to spur growth,” Trump told reporters. “We'll effectively be charging a 25% tariff.” The tariffs, which the White House expects to raise $100 billion in revenue annually, could be complicated as even U.

The son of a California woman has sued Trump International Hotels, claiming his mother died after she was “violently ejected” from a revolving door at the luxury chain’s property

A California woman's son is suing Trump International Hotels for alleged negligence, claiming a Trump Hotel Las Vegas door caused her to fall and later die.

The 78-year-old woman was thrown face-first onto the sidewalk after the door sped up its rotation, according to the suit.