Tariffs on Emira in US?

[daSchtick]

So, I have an Emira on order, and it is not expected until late summer. However, in light of recent developments, I am now really concerned about the car being tariffed upon arrival.

If a 25% tariff is enacted before arrival, will I be on the hook for an additional $25k? I am hoping that they would honor the current pricing, but I unsure of that would be possible. I would really prefer my custom configuration, however, not for an additional 25% tax.

Is there anyone else in this situation that has heard anything about their pricing? Obviously, it's still speculation as to if this will truly happen, but I would like to understand this better.

 

[idleuser]

The 25% tariff is for Canada and Mexico as of right now. I haven't not heard of definitive details on UK tariffs.

 

[Six Speed Stephen]

The 25% tariff is for Canada and Mexico as of right now. I haven't not heard of any tariffs.

There's talk of reciprocal tariffs, which is 10% for cars we import to the UK. So 10% on the Emira.

 

[daSchtick]

There have also been rumblings about a 25% tariff on autos around April 2nd.

Of course, it is still all speculation at this point, however, I would like to understand if this would be passed on to me even though I have submitted my order prior.

 

[Six Speed Stephen]

There have also been rumblings about a 25% tariff on autos around April 2nd.

Of course, it is still all speculation at this point, however, I would like to understand if this would be passed on to me even though I have submitted my order prior.

Thats for Canada and Mexico made vehicles.

 

[RoryBellows]

Last I saw they werent persuing tariffs from the UK. Trump said something along the lines of the UK not being a lopsided deal.

 

[daSchtick]

Thats for Canada and Mexico made vehicles.

The March 25% tariff is for Canada and Mexico.

From what I read, the new proposal for April is for ALL imported cars.

 

[daSchtick]

Last I saw they werent persuing tariffs from the UK. Trump said something along the lines of the UK not being a lopsided deal.

I sure hope that is the case. So much uncertainty.

 

[MattG]

I would expect such a tariff to be passed along to the consumer, yes. Companies can and do choose to eat that cost themselves rather than raise prices in some cases, but I don't think Lotus is in a financial position to do so.

 

[Beachbum]

I would expect such a tariff to be passed along to the consumer, yes. Companies can and do choose to eat that cost themselves rather than raise prices in some cases, but I don't think Lotus is in a financial position to do so.

I doubt any company will be in a position to take the 25% hit themselves. Some of the bigger companies make take part of it, but I think that would be very few.
Inflation in the US is going to go through the roof if these tariffs are actually imposed

 

[Eagle7]

Tariffs are usually negotiable, depending on the situation. If Geely were to build a plant in the U.S., and/or commit to an investment of some kind in the U.S. like Apple just did, then the tariffs wouldn't apply.