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New $20,000 Tariff Imposed on All Chinese-Made Vehicles.

This bill establishes a fixed duty of $20,000 on every passenger motor vehicle imported into the US that was produced or assembled in China. This measure aims to shield the US auto industry from foreign competition, potentially limiting consumer access to Chinese-made cars and increasing their final price significantly. The tariff amount will be adjusted annually based on inflation.
Key points
A mandatory $20,000 duty is placed on the import of every passenger vehicle originating from China.
The tariff applies to vehicles produced or assembled by Chinese entities, including those linked to the Chinese government or its industrial strategies.
The $20,000 duty will automatically increase each year to keep pace with inflation (Consumer Price Index), starting in October 2025.
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Additional Information
Print number: 118_S_3868
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2024-03-05