Before the auto tariff imposition, the standard US import duty on passenger vehicles was 2.5%, which means, although the new tariff rate will be lower than the reciprocal tariffs, they will be higher than the earlier standard rate.
Before the auto tariff imposition, the standard US import duty on passenger vehicles was 2.5%, which means, although the new tariff rate will be lower than the reciprocal tariffs, they will be higher than the earlier standard rate.