The measure will enter into force on April 3 and will have an impact on both the American domestic market and in the rest of the countries
The first consequence expected is a Increase in the cost of all cars sold in the United States (both the imported and those built in American factories) in thousands of dollars each.
Trump’s decision was already felt in the automotive
The actions of the main car manufacturing companies fell strongly into the bags of almost all countries.
The measure is a disruption in the supply chain of large American motor companies. It is also a blow to other international manufacturers for which the United States is a relevant market.
“Yeah [los autos] They are manufactured in the US, they will not have any tariff at all. We are going to start with a 2.5% base that is what we have now and then to 25% “Trump said in his ad. “This is the beginning of the ‘Day of Liberation’ of the US. We are going to bring back the money that people who sat in this desk,” he said in reference to his predecessors.
In the case of Chinese electric vehicles, which were already 100% taxed under the administration of Joe Biden since August 2024, it will rise to 125%.
The hardest blow falls About Mexico, Japan, South Korea, Canada, Germany and the United Kingdomwhich according to the data of the US Department of Commerce, are its main car suppliers.
The US president insisted that this tariff game will attract manufacturers of foreign vehicles to lift plants on American soil to avoid taxes and set the plans of the Japanese manufacturer Honda as an example, which this month announced that it would manufacture a new model in its Indiana plant, instead of in Mexico.
European and Asian automakers will have a fall in their sales to the North American market and that decrease in operations must be compensated with increases from sales to other markets.
It is possible that one of the chosen destinations is Latin America that does not have as many commercial barriers as other regions.
This, in theory, could mean a greater offer of products that implies better prices, although it is still too premature to know the real impact of the measure.
Local sources consulted by Scope They estimated that sales from the main vehicle producing countries could be reduced by 10%.
What could happen in Argentina after Trump’s decision to impose tariffs on the automotive industry
In the specific case of Argentina, the effect of Trump’s measure would be minimal. “It is difficult to forecast what can happen because the impact it will have on sales in the United States is not yet known. Argentina is a very peripheral market to have an important change. Perhaps, the most important thing could happen to car purchases from Mexico, since there is a free trade agreement and some brands matter from that country. They could redirect a product towards argntina, but they would be very small volumes, “ an entrepreneur of the sector explained.
On the other hand, not exporting vehicles to the United States, no automaker is directly affected by the measure.
Since he returned to the White House, on January 20, Trump has opted to aggressively implement import tariffs from various US partners and correct what he considers unfair commercial deficits for Washington, both to attract investment in foreign corporate capital and pressure measure to reduce migratory or fentanyl flow.
After knowing the news, the European Union reacted. “I deeply regret the American decision,” said Ursula von der Leyen, president of the European Commission, executive arm of the 27 states block. The EU “will continue to seek negotiated solutions” with the United States, added in a statement.
Source: Ambito
I’m a recent graduate of the University of Missouri with a degree in journalism. I started working as a news reporter for 24 Hours World about two years ago, and I’ve been writing articles ever since. My main focus is automotive news, but I’ve also written about politics, lifestyle, and entertainment.
