Car tariffs affect 460 billion USD of imports/year - New duties of 25% expected to take effect from May 3
US President Donald Trump's 25% auto tariffs will cover more than $460 billion in imports of vehicles and their parts annually, according to a Reuters analysis.
Trump's updated auto tariff announcement included nearly 150 categories of auto parts that will face tariffs starting May 3, a month after the 25% measure on car imports went into effect.
The list includes tariff codes for engines, transmissions, lithium-ion batteries and other major components, along with less expensive parts, including tires, shock absorbers and brakes.
Also on the list are automotive computers, covered by a four-digit tariff code that includes all computer products, including laptops and desktop computers. The category had imports of $138.5 billion in 2024, according to U.S. Census Bureau data.
Total U.S. imports of vehicles and parts, excluding this category, were $459.6 billion. The value of automotive computers, which are essential components of every modern car and truck, is not yet clear because there is no separate tariff code for this type of product.
The list of parts was revealed shortly before Trump announced a 10% base tariff on all U.S. imports, while many countries were slapped with higher reciprocal tariffs aimed at countering non-tariff trade barriers.
Senior Trump administration officials said that cars and auto parts subject to Section 232 national security tariffs will not also be subject to specific or reciprocal basic duties. In other words, auto tariffs will not be imposed on top of the new reciprocal measures, which begin on April 5.
The White House directed the Commerce Department to establish a process within 90 days where domestic manufacturers can request that imports of other parts be targeted.
The announcement stated that for vehicles that qualify under the rules of origin of the U.S.-Mexico-Canada Agreement, importers may pay the 25% tariff only on non-U.S. components of the order.
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