Trump’s tariff learned 25 % on these auto manufacturers more

President Donald Trump’s tariff On cars and auto parts will reach some car manufacturers more difficult than others, especially among those who have a lesser share of their cars in the United States that have been collected outside the United States

For example, Volvo, Mazda, Volkswagen and Hyundai Motor, which include Genesis and KIA brands, imported at least 60 % of its American sales in 2024, according to the S& P Global Mobility.

Relatively, Ford, Honda, Stellantis and General Motors have most cars that were made in the United States.

Trump, who is seen as definitions as a way to bring tax revenues to finance his tax discounts while stimulating local manufacturing activation, plans on Wednesday to impose a 25 % tariff. On all imported cars.

He pointed out that this customs tariff, up from 2.5 %, was previously announced, will be in effect on April 2, when it is expected that the mutual tariff plans will be announced.

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The Trump administration said on Thursday that the president’s move to implement such definitions “will protect and strengthen the American auto sector.” The administration has argued that foreign auto industries have expanded due to “unfair subsidies and aggressive industrial policies while” the United States It has stagnant production”

However, while “some claim that the customs tariff for the auto industry may enhance American manufacturing, GM, Ford and Stelantis have a surplus ability to increase American production, and auto manufacturers are unlikely to be able to make such a change quickly or costly”, according to the March S & P Global Mobility report. “Production is also required for transportation.”

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Car experts have argued that customs tariffs will exacerbate the issues of the ability to withstand costs, especially since any vehicles are not built or collected in 100 % local parts, according to the National Association of auto merchants.

When it comes to car prices, a A variety of market forces, Regardless of the customs tariff, the extent of the volatile price of the car will be determined, according to the executive editor of Autotrader Brian Modi.

In addition, this can depend on the number of models made in the United States compared to other countries. If the manufacturer manufactures one model in the United States, and others abroad, they may raise prices equally to accommodate the definitions without obtaining a major blow to a specific model, according to MOODY. This means that car manufacturers can spread the increase on several models, Moody said.

Below are the details of the share of car manufacturers with imported sales percentage