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Auto Tariffs- Things to know

Each OEM is navigating the tariffs differently. Here are some responses. Ford extends employee discounts to customers as auto tariffs take effect Stellantis Joins Ford Offering Discounts in Wake of Auto Tariffs BMW to Cover Tariff Costs for Cars Built in Mexico Through May 1 GM/Ford/ Stellantis Trade Association AAPC stated "U.S. automakers are committed to President Trump’s vision of increasing automotive production and jobs in the U.S. and will continue to work with the administration on durable policies that help Americans. In particular, it is critical that tariffs are implemented in a way that avoids raising prices for consumers and that preserves the competitiveness...

Auto Tariffs- The White House Press Release

From the White House Fact Sheet: President Donald J. Trump Adjusts Imports of Automobiles and Automobile Parts into the United States March 26, 2025 President Donald J. Trump signed a proclamation invoking Section 232 of the Trade Expansion Act of 1962 to impose a 25% tariff on imports of automobiles and certain automobile parts, addressing a critical threat to U.S. national security. President Trump is taking action to protect America’s automobile industry, which is vital to national security and has been undermined by excessive imports threatening America’s domestic industrial base and supply chains. The 25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and...

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