Articles
U.S. Tariffs on Imported Cars and Parts to Increase from 2.5% to 25%
The U.S. government is imposing a 25% tariff on all foreign-built cars, light-duty trucks and certain auto parts. This is a significant increase from the current rate of 2.5%. The tariff will take effect starting April 3, 2025, for vehicles, while auto parts will be taxed by May 3. The new policy applies to finished
