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Closeup of computer keypad pause button in blue, red lettering for Tariffs and white lettering for update. Three bullet points in smaller white text.
Newsby Wayne ParhamApril 10, 2025

Tariffs Update: China Tariff Boosted to 125%, Some Tariffs Paused for 90 Days, Automakers Can Operate Under USMCA

President Trump signed a proclamation enacting 25% tariffs on the import of passenger vehicles and automotive parts. However, domestic automakers can get a break from that if they operate under the guidelines of the United States-Mexico-Canada Agreement, established in 2020.

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Photo of a stamp and a tariffs imprint stamped onto brown paper, inset flags for Canada and Mexico, and words USMCA Excemption.
Newsby Wayne ParhamMarch 6, 2025

U.S. Automakers Get Temporary Exemption from Tariffs

The Trump administration has provided U.S. automakers with an exemption from the new tariffs on goods imported from Canada, and Mexico if they operate under the guidelines of the United States-Mexico-Canada Agreement, which has been in place since July 2020.

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Image that shows the work Tariff, circled in red pencil, with red pencil to left side, flags of Canada, China, and Mexico at the top. In the center, in blue, is date of March 4.
Newsby Wayne ParhamFebruary 27, 2025

New Tariffs Start on March 4

After being put on hold for 30 days, President Donald Trump's new tariff terms will be in place starting March 4. That means surcharges of 25% on goods imported from Mexico, 10% on imports from Canada, and now 20% on those coming in from China.

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Newsby StaffJune 26, 2018

President Trump Threatens EU with 20% Tariff on Auto Imports

The EU has planned to issue retaliatory tariffs in response.

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