Ferrari said Thursday it will raise prices on certain models after April 1 in response to new U.S. auto tariffs. The sports car maker's more popular models, including the Purosangue SUV, the 12Cilindiri and the F80,

Ferrari RACE.MI plans to increase the prices of some of its cars sold in the United States in response to new tariffs, the luxury carmaker said on Thursday, adding it would stick largely to its financial targets for this year.

Ferrari had a quick response to President Donald Trump’s 25% tariffs imposed on vehicles imported to the US. The Italian brand announced it will increase prices of certain models by up to 10%, although it will fully absorb the tariffs in others.