US Tariffs - finally some good news

US Tariffs - finally some good news

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Bo_apex

Original Poster:

3,829 posts

233 months

Wednesday 9th April
quotequote all
for the classic car market at least smile

Official line from the Federal Register which was updated last night reads as follows:

Heading 9903.94.04 applies to all entries of passenger vehicles (sedans, sport utility vehicles, crossover utility vehicles, minivans, and cargo vans) and light trucks from all countries classifiable in the headings or subheadings enumerated in subdivision (b) of this note that were manufactured in a year at least 25 years prior to the year of the date of entry.

This of course means any cars built before April 2000 can be taken into the US on the normal 2.5% tariff, which is far more favourable than the UK’s 5%, for cars over 30 years of age and 20% VAT and 10% customs duty (non EU built) for cars less than 30 years old.