Ferrari said Thursday that it would be raising the price of some of its cars in the U.S. by 10 percent in response to President Donald Trump's tariffs, but for other vehicles the marque said it would absorb the cost.

And Ferrari, for one, has wasted no time at all letting investors know how it will respond, announcing notable price increases on some of its most potent machines. “While reaffirming its commitment to maximum client attention and protection and with the goal to provide certainty to them: • The commercial terms will remain unchanged for orders of all models imported before April 2,

Ferrari said the price hikes would apply to all models except the 296, SF90, and Roma, and to those imported after April 2.

UK car firms are seeking support from the government as hopes fade a deal can be reached with US President Donald Trump over US tariffs. Companies met with industry minister Sarah Jones on Friday morning to discuss their response to plans for 25% tariffs on US car imports from next week,

Higher prices and fewer options are coming if import duties on foreign-made cars persist.

President Donald Trump’s auto tariffs could send the cost of a new car soaring. Fixing the car you already have will likely get more costly, too.