Adjusting Imports of Automobiles and Autombile Parts Into the United States – The White House
President Trump issued a proclamation imposing a 25% tariff on imported automobiles and certain automobile parts, citing national security concerns. This builds upon a 2019 proclamation and addresses ongoing vulnerabilities in the domestic automotive industry, including supply chain issues and foreign competition. The tariffs will be applied to non-USMCA compliant vehicles, with provisions for calculating tariffs based on US content. The Secretary of Commerce will monitor the situation and determine if further action or adjustments to the tariff are necessary. Additional automobile parts may be added to the tariff list based on future assessments.
Topics:
Tariffs on imported automobilesNational securityAutomotive industry vulnerabilitiesSupply chain issuesForeign competitionUSMCATariff calculationsCommerce Department monitoring