What is the import fee on a car manufactured in Mexico and imported to US?
The import fee, also known as the tariff, for a car manufactured in Mexico and imported into the United States depends on the type of car and its value. Under the North American Free Trade Agreement (NAFTA), most cars manufactured in Mexico and imported to the US are subject to a 2.5% import duty. However, there are some exceptions to this rule. For example, light trucks, such as SUVs and pickup trucks, are subject to a 25% import duty. Additionally, cars that are valued over a certain amount may be subject to additional import fees. For example, cars valued over $150,000 are subject to a 10% import duty.