Fact Sheet: President Donald J. Trump Adjusts Imports of Automobiles and Automobile Parts into the United States
Fact sheetTariff raisedPublished 25/03/26Open the original
Summary
President Trump imposes a 25% tariff under section 232 on imports of automobiles and certain automobile parts. Passenger vehicles, light trucks, and key parts are covered, and USMCA vehicles and parts get content-certification and non-U.S. content treatment.
By industry
- Tariffs & Reshoring1 trading day+0.9%p15 stocks5 trading days−2.5%p15 stocks20 trading days−1.0%p15 stocks
“to impose a 25% tariff on imports of automobiles and certain automobile parts”
- Batteries, EVs & the IRA1 trading day−1.9%p15 stocks5 trading days−3.5%p15 stocks20 trading days−5.9%p15 stocks
“to impose a 25% tariff on imports of automobiles and certain automobile parts”
Day by day after the announcement
| Day | Tariffs & Reshoring stocks | S&P 500 |
|---|---|---|
| 25/03/25 | 0.0% | 0.0% |
| 25/03/26 | −0.6% | −1.4% |
| 25/03/27 | −0.8% | −1.5% |
| 25/03/28 | −4.6% | −3.7% |
| 25/03/31 | −5.1% | −3.1% |
| 25/04/01 | −5.0% | −2.6% |
| 25/04/02 | −3.1% | −5.5% |
| 25/04/03 | −12.2% | −6.8% |
| 25/04/04 | −17.4% | −12.2% |
| 25/04/07 | −17.1% | −11.5% |
| 25/04/08 | −19.4% | −13.9% |
| 25/04/09 | −10.5% | −5.2% |
| 25/04/10 | −14.2% | −9.2% |
| 25/04/11 | −12.2% | −7.3% |
| 25/04/14 | −12.0% | −6.8% |
| 25/04/15 | −12.4% | −7.1% |
| 25/04/16 | −12.8% | −8.8% |
| 25/04/17 | −11.8% | −8.3% |
| 25/04/21 | −13.5% | −10.8% |
| 25/04/22 | −10.4% | −6.8% |
| 25/04/23 | −7.8% | −6.8% |
Korean stocks in these industries
- Hyundai Steel 004020
- POSCO Holdings 005490
- SeAH Steel Holdings 003030
- LG Energy Solution 373220
- Samsung SDI 006400
- SK Innovation 096770
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Joseph Gebbia
BuyTesla
BuyTesla
TSLA
$1M
4,000 sh
$1M
Filed 25/04/28
Traded 25/04/24
- James R. Murdoch
SellTesla
SellTesla
TSLA
$13.2M
54,776 sh
$13.2M
Filed 25/03/12
Traded 25/03/10
- Peter R. Matt
BuyCommercial Metals
BuyCommercial Metals
CMC
$294.6K
6,100 sh
$294.6K
Filed 25/03/31
Traded 25/03/27
- Vaibhav Taneja
SellTesla
SellTesla
TSLA
$718.1K
2,672.25 sh
$718.1K
Filed 25/03/06
Traded 25/03/06
- Badrinarayanan Kothandaraman
BuyEnphase Energy
BuyEnphase Energy
ENPH
$185.4K
4,000 sh
$185.4K
Filed 25/04/28
Traded 25/04/25
- Robyn M. Denholm
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$22M
73,227 sh
$22M
Filed 25/03/05
Traded 25/03/03
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$1M
4,000 sh
$1M
Filed 25/04/09
Traded 25/04/07
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$750.4K
2,500 sh
$750.4K
Filed 25/03/05
Traded 25/03/03
- Robyn M. Denholm
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$3.6M
12,020 sh
$3.6M
Filed 25/03/05
Traded 25/03/03
- Jane M. Cronin
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$105.6K
10,000 sh
$105.6K
Filed 25/02/28
Traded 25/02/28
- Keith Koci
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$102.8K
9,500 sh
$102.8K
Filed 25/02/28
Traded 25/02/28
- John R. McPherson
BuyCommercial Metals
BuyCommercial Metals
CMC
$100K
2,475 sh
$100K
Filed 25/04/07
Traded 25/04/04
- Robyn M. Denholm
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$2.2M
7,400 sh
$2.2M
Filed 25/03/05
Traded 25/03/03
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$178.9K
600 sh
$178.9K
Filed 25/03/05
Traded 25/03/03
- Robyn M. Denholm
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$1.7M
5,851 sh
$1.7M
Filed 25/03/05
Traded 25/03/03
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$119.7K
403 sh
$119.7K
Filed 25/03/05
Traded 25/03/03
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$118.2K
400 sh
$118.2K
Filed 25/03/05
Traded 25/03/03
- Vaibhav Taneja
Sell10b5-1 planTesla
Sell10b5-1 planTesla
TSLA
$113.2K
397 sh
$113.2K
Filed 25/03/05
Traded 25/03/03
- John T. Baldwin
BuyCleveland-Cliffs
BuyCleveland-Cliffs
CLF
$34.8K
4,000 sh
$34.8K
Filed 25/03/10
Traded 25/03/10
- James H. Litinsky
SellMP Materials
SellMP Materials
MP
$10.7M
396,293 sh
$10.7M
Filed 25/03/27
Traded 25/03/25