Liberation Day: Auto parts tariff list awaited
Indian auto parts makers are awaiting the detailed list of components subject to a 25% import tariff announced by US President Trump in March 2025. Although excluded from the initial list, the industry remains hopeful that ongoing bilateral negoti...
“It is to be noted that autos & auto parts and steel & aluminium articles, already subject to Section 232 tariffs at 25%, announced earlier in President Trump’s order on March 26, 2025, are not covered in the aforementioned order. The detailed list of auto components that will be subject to 25% import tariff in the US is however awaited”, industry body Automotive Component Manufacturers Association of India (ACMA) said Thursday.
While taking note of the recent executive order signed by US President Donald Trump on April 2, 2025, as part of the “Liberation Day” initiative, ACMA said it remains “hopeful” that the ongoing bilateral negotiations between the Indian and US governments will lead to a balanced resolution that benefits both economies.
“We believe that the strong trade relationship between India and the United States, especially in the auto components sector, will encourage continued dialogue to mitigate the impacts of these measures. ACMA is committed to engaging with all stakeholders to ensure the long-term interests of the Indian auto component industry.”, Shradha Suri Marwah, President ACMA and CMD Subros.
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