The Auto Care Association has released a statement warning of the effect tariffs recently announced by President Donald Trump will have on the automotive aftermarket.
Trump recently levied 25% tariffs on all imports from Canada and Mexico, while placing an extra 10% tariff on goods produced in China.
In a statement that was issued on Feb. 3, Hanvey said, “We understand the importance of national security and the need to address critical challenges, but these tariffs will have a direct and negative impact on American businesses and consumers.
“Canada and Mexico are our largest trading partners, and together, we make the automotive aftermarket industry more competitive.
“Our industry relies on highly integrated supply chains that benefit the economies of all three countries, ensuring the availability of affordable vehicle repairs for millions of consumers. These supply chains also create jobs on both sides of the border, supporting a strong and resilient workforce.
“Tariffs and disruptions to these supply chains create inefficiencies, increase costs and weaken our industry's ability to compete globally. These tariffs will drive up costs for hardworking American families who depend on reasonably priced parts to repair and maintain their vehicles. Tariffs are not paid by our trading partners; they are paid by businesses and consumers here at home.
“Higher prices and supply chain disruptions will mean delays in essential vehicle repairs, ultimately impacting road safety. We urge all parties to come to the table and negotiate a solution that keeps our industry strong, protects American jobs and ensures American consumers aren’t left paying the price.”
Also according to the Feb. 3 Auto Care Association memo, the announced tariffs will apply to goods “entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. Eastern Time on Feb. 4, 2025.
“Goods loaded onto vessels at the port of loading or in transit on the final mode of transportation prior to entry into the United States before 12:01 a.m. Eastern Time on Feb. 1, 2025, are not subject to the additional duty, subject to certification requirements with U.S. Customs and Border Protection.”
