The Automotive Industry Tariff Thread

[mikeavelli]

Aston Martin says Tariffs are cheeks

https://www.reuters.com/markets/europe/aston-martin-warns-profit-us-tariffs-stagnant-chinese-demand-bite-2025-07-30/

 

[mikeavelli]

Toyota suppliers will have to raise prices

https://www.bloomberg.com/news/articles/2025-07-31/toyota-suppliers-look-to-pass-on-tariff-costs-with-price-hikes

 

[CRSKTN]

Imports fell so hard GDP actually went up 3% 🤣
Investment dropped too.

Brutal

 

[Sulu]

We signed a free trade agreement with S.Korea in 2012. Current effective rate is under 1%. We do have a massive trade deficit as we export less there.

Buddy threatened 25% tariffs and an agreement was made at 15%.

So Americans will pay more for Korean cars soon enough

U.S. and South Korea strike a trade deal with tariffs on Seoul set at 15%

This deal would mean the duties will be lowered from the 25% that Trump had threatened in his "tariff letter" to Seoul earlier this month.

www.cnbc.com

"will give to the United States $350 Billion Dollars for Investments owned and controlled by the United States, and selected by myself, as President": Really? I find that hard to believe that any sovereign country would just give away $350 Billion, without something they really wanted in return.

 

[mikeavelli]

And this will hurt auto related small business and consumers even more. Unbelievable

Trump suspends exemption for low-value imports under $800

President Trump is ending an exemption that allowed certain low-value commercial shipments into the United States without facing tariffs. Trump signed an executive order that will end the so-called…

thehill.com

A auto parts company in Detroit tried to fight it saying they would be cooked. The judge allowed this.

https://www.cnbc.com/2025/07/28/trade-tariff-exemption-trump-lawsuit.html

 

[mikeavelli]

Auto Industry Takes $12 Billion Hit From Trade War — The Wall Street Journal

The obvious responses to tariffs are to raise prices and move production to the U.S. Neither would be an easy fix.

apple.news

 

[Sulu]

Can someone summarize the WSJ article? It is behind a paywall and I don't have a subscription.

I am curious why Toyota is so badly hit, much more so than Honda, Nissan and Mazsa.

 

[GoHuskers]

Can someone summarize the WSJ article? It is behind a paywall and I don't have a subscription.

I am curious why Toyota is so badly hit, much more so than Honda, Nissan and Mazsa.

I think Toyota builds many models in Canada, Mexico, and Japan. They also sell much more units than the other 2. My dream face-lifted LX600 is getting further and further away

 

[mikeavelli]

“de minimis” exemption of $800 ends August 29th so every single thing will cost more. Also mail fe
some countries has been suspended

De minimis rule: Small businesses are scrambling as US tariff exemption comes to an end | CNN Business

International postal services are suspending shipments to the United States after an exemption on tariff duties for small packages is set to expire. It’s the latest example of how President Donald Trump’s sweeping trade policy is impacting US consumers and businesses.

amp.cnn.com