US EditionCanadian automobile parts won’t be hit with Trump’s tariffs
- U.S. President Donald Trump announced a two-year suspension of 25-per-cent tariffs on Canadian auto parts starting May 3, 2025.
- This reprieve followed revisions to Trump's earlier permanent tariff plan, influenced by lobbying from the U.S. Automotive industry concerned about cost impacts.
- The exemption applies to auto parts compliant with USMCA rules but excludes knock-down kits and parts compilations, with guidance issued by U.S. Customs and Border Protection.
- Flavio Volpe, head of Canada's Automotive Parts Manufacturers' Association, said removing the tariff threat would prevent shutting down U.S. Factories this weekend.
- The tariff suspension is expected to ease cost pressure on automakers and stabilize cross-border supply chains, though the automotive sector remains under multiple tariff challenges.
56 Articles
56 Articles
Trump’s Auto Tariff Relief Shields USMCA Auto Parts From 25% Tax
President Donald Trump’s revised auto tariff plan continues — at least for now — an exemption for parts that comply with the free trade agreement spanning North America, a concession desperately sought by industry.
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…
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