Fallout continues after President Donald Trump's unveiling of severe tariffs against virtually all U.S. trading partners. Thursday was the worst day for U.S. stock markets since June 2020. China struck back on Friday, announcing a 34% tariff on American goods as other foreign leaders weigh their response.

President Trump has suggested his impending 25% tariffs on foreign vehicles and auto parts could be avoided by those who buy cars made entirely in the United States. The only problem: There aren’t any.

Local communities like San Antonio are starting to feel the economic fallout from President Trump's trade policy. Why it matters: San Antonio is home to manufacturing that ranges from automotive to aerospace — key industries and employers that stand to be impacted by tariffs.