The administration of US President Donald Trump confirmed on Wednesday that the 25 per cent global tariffs on cars and trucks will take effect as scheduled on Thursday, and that duties on automotive parts imports will be introduced on May 3.
The White House, in a Federal Register notice providing further details on Trump’s autos tariff proclamation issued last week, directed the Commerce Department to establish a process within 90 days for adding more parts to the list, including at the request of domestic producers.
According to the Federal Register, the 25 per cent automobile tariffs are set to take effect at 12:01 am EDT on Thursday, while the 25 per cent tariffs on auto parts will come into effect at 12:01 am EDT on May 3.
The notice indicated that the parts list currently includes dozens of tariff codes, such as engines, transmissions, powertrains, and electrical components, along with other parts like brake hoses. Domestic producers will be able to request additions to the list.
It also stated that for vehicles qualifying under the US-Mexico-Canada Agreement's rules of origin, importers can pay the 25 per cent duty only on the non-US content of the order.
