The move to put 10% additional tariffs on imports from China will impact a small number of U.S. vehicles, but increased costs of auto parts could impact already heightened car prices. The largest impact on actual vehicles will be on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.

China's finance ministry said it would impose levies of 15% for U.S. coal and 10% for crude oil, farm equipment and some cars.