US EditionCanadian automobile parts won’t be hit with Trump’s tariffs
- U.S. President Donald Trump announced a two-year reprieve from 25-per-cent tariffs on Canadian auto parts, delaying tariffs set for May 3, 2025.
- This reprieve resulted from revisions to Trump's original tariff order announced March 26, aimed at boosting domestic manufacturing but altered after industry lobbying.
- The exemption covers auto parts compliant with the U.S.-Mexico-Canada Agreement but excludes knock-down kits and parts compilations, as confirmed by U.S. Customs guidance.
- Flavio Volpe, leader of Canada’s Automotive Parts Manufacturers’ Association, emphasized the necessity of eliminating the tariff risk affecting the whole industry.
- The tariff adjustments provide significant cost relief for U.S.-assembled vehicles, reducing risks of factory shutdowns and price increases in the American auto industry.
41 Articles
41 Articles
Canadian Auto Parts Spared US Tariffs Under Free Trade Agreement
Canadian vehicle parts that are covered under the free trade agreement with the United States will not be subject to any tariffs, according to a new directive from U.S. Customs. In March, President Donald Trump announced 25 percent tariffs for vehicle parts that were imported from other countries. Their implementation had been delayed until May 3. However, a new directive from U.S. Customs and Border Protection released on May 1 indicates zero t…
Canada's auto industry gets more relief from Trump's tariffs
U.S. Customs and Border Protection guidance released today says automobile parts compliant with the Canada-U.S.-Mexico Agreement on trade will not be subject to the 25 per cent auto part tariffs that were set to go in place on May 3.
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