The American president, Donald Trump, signed a decree that imposes 25% duties on lorry and 10% on buses e bus starting from 1 November, implementing what was announced at the end of September. The decision follows an investigation conducted by the U.S. Department of Commerce to determine whether the relocation of this industry poses a risk to the country's national security.
However, these new tariffs will not apply in full to trucks from Canada and Mexico, provided their production meets the criteria set out in the free trade agreement between the three countries, a U.S. official said. For the affected vehicles, Only components not made in the US will eventually be taxed at 25%. For buses and coaches, the 10% rate will apply in full to vehicles coming from the two neighbouring countries, regardless of whether they fall within the scope of the free trade agreement or not.
La White House took the opportunity of this decree to also respond to a request from the automotive industry, extending the 3,75% tax deduction on the recommended price until 2030 that manufacturers can apply to U.S.-produced automobiles containing imported components. Initially scheduled for one year, this mechanism was introduced at the industry's request to mitigate the impact of tariffs on automakers. It will now apply under the same conditions to U.S.-produced trucks. Canada and Mexico remain among the main countries affected by US tariffs, but Mexico City and Ottawa emphasize the limited impact of the tariffs, assuring that more than 80% of their products exported to the United States fall within the framework of the free trade agreement between the three countries.
