Strengthening Tariffs on Chinese Autos Act of 2024

This bill imposes a $20,000 tariff on motor vehicles imported into the U.S. that are produced in China or manufactured by entities controlled by Chinese persons, as defined in the bill. It directly affects U.S. importers of qualifying vehicles, including those classified under chapter 8703 of the U.S. tariff schedule. The tariff amount will automatically adjust annually starting in 2025 based on inflation, calculated using the Consumer Price Index, with adjustments rounded to the nearest dollar and ignoring increases under 1%. The bill targets vehicles assembled in China or made by Chinese-controlled entities, without changing existing tariff classifications.