New Delhi, April 3 -- Auto stocks, including Tata Motors, Eicher Motors, and Samvardhana Motherson, will likely be in focus on Thursday after US President Donald Trump announced a 25 per cent tariff on all foreign-made automobiles. The tariffs will go into effect immediately at midnight Eastern Time.

Citing "horrendous imbalances" in trade as a key reason for the move, Trump said: "None of our companies are allowed to go into other countries. That's why, effective at midnight, we will impose a 25 per cent tariff on all foreign-made automobiles."

Meanwhile, Trump announced a 26 per cent discounted reciprocal tariff on India.

Some of the auto stocks that could react to tariffs on automobiles include Tata Motors, which sells a significant...