What is the import tariff on cars in the United States?
2 Answers
The current import tariff imposed by the United States on imported cars is 40%. Here is some relevant information about car imports: 1. Composition of imported car prices: Currently, the price of imported cars in China mainly consists of five parts: the cost, insurance, and freight (CIF) price, import tariff, consumption tax, value-added tax (VAT), and dealer fees. 2. Price calculation formula: The general formula for calculating the price of an imported car is: CIF price × (1 + tariff rate + consumption tax rate) × (1 + VAT rate) / (1 - consumption tax rate + dealer fees) = basic price of the imported car.
I once helped a friend with the procedures for parallel-imported vehicles, and the tariffs in the U.S. on different vehicle types are quite interesting. Regular sedans only have a 2.5% tariff, but utility vehicles like pickup trucks face a 25% duty. My friend’s Ford F-150 got hit by this rule, and the customs officer even joked, 'This is the ancestral tariff rate to protect domestic manufacturing.' The tariff rates for electric and fuel-powered vehicles are the same, but when buying a Tesla, state taxes are added on top, resulting in a final price difference of nearly $10,000. Remember to check the customs HS code in advance—I’ve seen someone misdeclare an off-road vehicle as an SUV and overpay by over 100,000 RMB.