U.S. President Donald Trump’s decision to impose a 25% tariff on autos and auto parts is set to impact nearly $600 billion worth of imports, extending to all computer imports, including laptops. According to a Reuters analysis, the tariffs will affect nearly 150 categories of auto parts starting May 3, following the midnight activation of tariffs on vehicle imports.

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The comprehensive list includes engines, transmissions, lithium-ion batteries, and other significant components, alongside more affordable parts like tires, shock absorbers, spark plug wires, and brake hoses. Notably, the inclusion of the four-digit tariff code for computers, a major import category valued at $138.5 billion in 2024, has caught many by surprise. Data from the IndexBox platform highlights the substantial impact this move could have on the U.S. import market.

Source: IndexBox Market Intelligence Platform