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Automobile Trade Statistics: Imports, Exports, and American Content

The Trump administration's tariff plans have thrust automobile supply chains into the spotlight. Here's what investors need to know.

By Jack Caporal – Apr 7, 2025 at 12:27PM

Key Points

  • The U.S. has a $158 billion auto trade deficit, importing about $217 billion and exporting about $59 billion in vehicles in 2024.
  • Tariffs could raise costs for automakers that are heavily reliant on imports, affecting vehicle prices and profits.
  • High U.S. content in Tesla and GM vehicles might offer a competitive edge amid new tariffs.

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