Complete Story
04/03/2025
Request for information on how tariffs impact aftermarket businesses
Source: aftermarket MATTERS
SEMA and PRI stated they have an immediate need for information from industry members on the impact of recently imposed tariffs on their businesses. They request industry professionals complete this short survey to help advocate for their companies.
The information gathered will aid SEMA and PRI in the ability to educate the Trump Administration and congressional lawmakers on the impact of tariffs on the aftermarket.
Information on each type follows:
- China tariffs: A 20% tariff will be imposed in 2025 on top of the 25% tariffs previously in place.
- Completed imported vehicles: 25% auto tariffs, effective Thursday, April 3.
- For vehicles covered by the U.S.-Mexico-Canada Trade Agreement (USMCA), the tariff will be applied to the percentage of the vehicle that contains non-U.S. content.
- Auto parts: 25% tariff on selected auto parts and components.
- The White House announced that the tariffs would apply to engines, transmissions, powertrain parts and electrical components. However, the U.S. government hasn’t released the Harmonized Tariff codes indicating which are covered.
- Parts that are covered by the USMCA will be tariff-free until the U.S. Department of Commerce establishes a process to tariff non-U.S. content of parts. The deadline to implement these tariffs is Saturday, May 3.
- Steel and aluminum: 25% tariffs on imported steel and aluminum and some derivative items (Derivative codes for steel can be found here (pages 24-26); derivative codes for aluminum can be found here (pages 19-21).
For additional questions regarding tariffs, contact Eric Snyder, SEMA’s senior director for federal government affairs, at erics@sema.org.