The latest announcement from US president Donald Trump sees 25% tariffs placed on all vehicle imports from the US, effective immediately, and confirms the 25% tariffs on imports of vehicle parts to the US from next month on 3 May. The list of parts that will be affected includes engines, powertrains and electrical components.

Vehicles that comply with USMCA trade rules will be exempt temporarily, with importers only having to pay the 25% tariff on the non-US content.

At the same time, Trump announced a tariff of at least 10% on all imports globally, taking effect on 5 April. However, vehicles, car parts, and steel and aluminium imports already subject to tariffs will not be subject to the additional reciprocal tariffs.