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 13: Rise in Imports of Automobiles into the United States 60%
50%
Source: Wards Intelligence InfoBank; Department of Commerce, Census Bureau. Calculated by Department of Commerce.
By both volume and value, Mexico, Canada, Japan, South Korea and the EU
account for nearly 98 percent of
automobiles imported into the United States, although China is planning to rapidly grow exports to the United
Number of Vehicles
Share of I otal
WORLD
8,271,840
.
46.65%
NAFTA
4,271,298
51.64%
22.33%
Japan
1,725,757
20.86%
20.75%
EU
1,159,947
14.02%
929,419
11.24%
58,515
0.71%
126,904
1.53%
PARJNER
191,748,525,445
WORLD
States as well.83 Table 4 below lists the top sources of automobile imports into the United States.
NAFfA
89,443,769,290
EU
42,814,095,422
Japan
39,781,128,900
Korea
15,731,937,656
8.20%
China
1,455,678,215
0.76%
China
Rest of World
2,521,915,962
1.32%
Rest of World
Korea
the tariff is removed by an FTA such as NAFTA.84 Consequently, there is a
notable lack of import competition from non-FTA regions but significant import
83 Chinas intentions to dominate production of advanced technologies such as electric vehicles is detailed in the Section 301 Report on China prepared by the United States Trade Representative.
A 2009 Chinese Central Government Opinion targets a 10 percent share of global automobile parts exports for Chinese automobile producers by 2020.
Several provinces including Anhui, Chongqing, and Zhejiang have issued 5-year plans their 13th
seeking increased automotive exports in response to these directives. See Findings of the Investigation Into Chinas Acts, Policies, and Practices Related to Technology Transfer, Intellectual Property, and Innovation Under Section 301 of the Trade Act of 1974, Office of the United States Trade Representative, Executive Office of the President, March 22, 2018, https ustr.gov/sites/default/files/
Section%20301%20FINAL.PDF at 139. See also
Shai Oster, Excess auto capacity in China could leave dents in car makers, Wall Street Journal, November 17, 2005, https www.wsj.com/articles/
SB113218114486399413.
84 International Trade Commission, Official Harmonized Tariff Schedule, https
www.usitc.gov/tata/hts/index.htm.
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U.S. imports of light trucks are subject to a 25 percent tariff rate, except where
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Source; Department of Commerce, Census Bureau.