Expect many of the parts you use to make repairs and even some of tools you use on the job to cost more.
The U.S. Commerce Department announced more than 400 items — including auto parts — have been added to the list of products included in President Donald Trump’s 50% tariff on imported steel and aluminum.
A total of 407 new items have been added to the list of so called “derivative” steel and aluminum products subject to the tariff. The list of additional products was announced last Friday and took effect Monday.
That wide-ranging list includes electric vehicle components, washers, dryers, marine engines, wind turbines, furniture components and used trucks.
In announcing the expansion of products subject to the 50% tariffs, Under Secretary of Commerce for Industry and Security Jeffrey Kessler sais,:“Today’s action expands the reach of the steel and aluminum tariffs and shuts down avenues for circumvention – supporting the continued revitalization of the American steel and aluminum industries.”
A statement from the Commerce Department’s Bureau of Industry and Security explained the expansion:
“This is the latest in a series of historic steps by the Trump Administration to strengthen America’s steel and aluminum industry. In February, President Trump issued Proclamations 10895 and 10986, which eliminated numerous carve-outs from the Section 232 steel and aluminum tariffs and cracked down on tariff misclassification and duty evasion schemes. These proclamations also directed Commerce, within 90 days, to establish a process for adding steel and aluminum derivative products to the Section 232 tariffs – which Commerce did in May. In June, President Trump issued Proclamation 10947, which increased the tariff rate for steel and aluminum from 25% to 50%, making the tariffs stronger than ever.”
Tariffs are a key part of the Trump Administration. Earlier this month, Trump announced tariffs on goods from 90 countries. They range from 15% on goods from Germany to 50% on those from India and Brazil.
The new tariffs even apply to goods that were in transit at the time of the latest announcement.
