President Donald Trump's major tariffs against Canada and Mexico are scheduled to take effect in less than a week, and a new tariff against foreign cars is also in play as well.

Given the lack of clarity around Trump's impending imposition of tariffs on multiple countries on April 2, assets such as stock markets, gold, currency exchange rates and even real estate may be impacted.

President Donald Trump’s 25% tariffs on autos not made in the U.S. and certain auto parts will send ripple effects through an industry that is already being pummeled by steel and aluminum import duties and on-again,