Federal Register - November 8, 2021
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Source: Federal Register
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Federal Register / Vol. 86, No. 213 / Monday, November 8, 2021 / Notices
Figure 4: U.S. Passenger Vehicle Production Relative to Demand 16
14
12
6
4
2
0
I s
-U.S. Sales Demmd
-U-8.:Promctim
----- TRDdU.S.Pceu:lim
For light trucks, Figure 5 illustrates that U.S. demand held constant at 2.7
million light trucks in both 1985 and 2017, while U.S. production increased
from 1.8 million light trucks to 2.6
million light trucks during the same period. Of this 2.6 million, approximately 2.0 million trucks were
sold in the United States in 2017.70
During the same period, imports of light trucks decreased by 24 percent, from 1.1
million to 833,000.71
70 Wards Intelligence InfoBank and Department of Commerce, Census Bureau.
71 Department of Commerce, Census Bureau. The United States has imposed a 25 percent tariff on
imports of light trucks since 1964 pursuant to Presidential Proclamation 3564 in 1964. U.S.
Presidential Proclamation No. 3564, Proclamation Increasing Rates of Duty on Specified Articles,
December 4, 1963, 77 Stat. 10351036, https
www.govinfo.gov/content/pkg/STATUTE-77/pdf/
STATUTE-77-Pg1035.pdf.
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Source: Wards Intelligence InfoBank.