US Ponders Dropping 25% Tariff On Import Trucks

A 50-year tariff on light trucks continues to contribute to rising pickup prices in the U.S. and exists largely as a bartering chip for American automakers seeking to crack new global markets.

Japan-based Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. build trucks for the U.S. market on U.S. soil. None is imported from Japan, so none is subject to the 25 percent tariff. Of the 1.9 million pickups sold in the U.S. last year, only about 200 — mostly specialty orders — were hit with the import tax.



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randy3023 - 8/5/2013 11:30:49 AM

+1 Boost

LOL, another gift to our pathetic domestic automobile manufacturers.