The aggressive customs tariffs implemented by the US administration led to an important crisis in the global automotive sector. Many manufacturers, including prestigious brands such as Aston Martin, Audi and Jaguar Land Rover, have decided to temporarily stop the shipment to the United States.
On the basis of this decision, the former US President Donald TrumpThere are customs duties that are implemented and frequently changing over time. Automobile manufacturers, instead of putting their vehicles into the country with high costs in uncertainty, preferred to suspend imports temporarily. This caused thousands of vehicles to be kept in the US ports, while the automotive sector has caused disruptions in the supply chain.
Cold shower to Trump, shocking from automobile giants
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Although the management of some sectors suspended tariffs for 90 days, the import of automobiles and spare parts was excluded from this scope. As of now, the additional 25 percent tax on vehicles and parts continues to remain in force.
Brands that do not want to risk damage in the face of possible tax changes will continue their sales with existing stocks in the US for now. However, the stopping of new vehicle shipment may seriously affect the presence of vehicles in dealers in the coming months.
In addition, as of May 3, new tariffs for automobile parts will be announced, the uncertainty in the sector has increased further. The ambiguity of the definition pushes manufacturers and distributors to take cautious steps.
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