--- title: "New U.S. tariffs will affect 7.3 million imported vehicles - Aftermarket International" description: "Trump's tariffs will affect 7.3 million imported vehicles, accounting for 8% of global trade" url: "https://www.aftermarketinternational.com/en/news/latest-news/9301-new-u-s-tariffs-will-affect-7-3-million-imported-vehicles.html" date: "2026-07-23T19:34:36+00:00" language: "en-GB" --- # [ New U.S. tariffs will affect 7.3 million imported vehicles](https://www.aftermarketinternational.com/en/news/latest-news/9301-new-u-s-tariffs-will-affect-7-3-million-imported-vehicles.html "New U.S. tariffs will affect 7.3 million imported vehicles") Details 02 April 2025 ![](https://www.aftermarketinternational.com/images/stories/AMI/2025/vehicle-tariffs-usa-trump.png) *United States.* The tariffs will come into force on April 2 and will affect what represents 8% of global trade and 44% of sales of light vehicles in the country, according to a report by [Bank of America Global Automobiles (BoFA).](https://business.bofa.com/content/boaml/en_us/home.html) The analysis details that 50% of these cars come from Mexico and Canada, 11% from Europe, 18% from Japan and 19% from South Korea. The most affected manufacturers will be GM (25% of their sales), Ferrari, Porsche and Aston Martin (25-30%), Subaru (32%) and Mazda (27%). BoFA warns that **if tariffs remain in place in the long term, global manufacturers will need to adjust their projections.** However, the effect will depend on whether the U.S. exempts Mexico and Canada, which **would redirect the biggest impact to Europe and Asia.** Despite these measures, BoFA maintains its growth forecast for the light vehicle market in the US, with an increase of 2.9% in 2025 and 7.5% in 2026, driven by the aging of the fleet. - Advertising - The report also highlights that Tesla continues to lose global share, with a 14% drop in year-on-year sales, while China's BYD increased by 91%, **selling more than twice as many units as its U.S. competitor in January and February.** Meanwhile, global sales of light vehicles grew by 7.9% in February, although with regional differences due to the seasonality of the Lunar New Year in China and one less day of sales for the leap year. 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