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

The largest impact will be on Ford's Lincoln Nautilus and General Motors’ Buick Envision, which accounted for 95% of China-made vehicles sold in the U.S. last year.

China’s Ministry of Commerce announced Tuesday it was implementing counter tariffs against the U.S. on multiple products