FTA between Aus and US
Thread Starter
Registered User
Joined: Apr 2002
Posts: 384
From: Australia
FTA between Aus and US
AUTOMOTIVE
Australia and the United States have agreed to eliminate customs duties on almost all automotive products from the day the agreement enters into force.
including the 25 per cent US customs duty on utes ("pick-up trucks").
Australian duties on passenger motor vehicles will be phased out, to zero in 2010.
Summary
The United States has agreed to remove, from day one, all tariffs on automotive products. For most automotive products, US tariffs are already quite low. Included amongst these, however, is the elimination of the 25 percent tariff on pick-up trucks that has prevented Australian manufacturers exporting utes to the United States.
Australian tariffs on finished passenger motor vehicles will be phased out gradually between entry into force of the agreement and 2010, in response to concerns expressed by local manufacturers about the impact of removing tariffs immediately.
Australia's tariffs on all other automotive goods, in particular car parts and commercial vehicles, will be eliminated from day one of the Agreement.
Australia and the United States have agreed to eliminate customs duties on almost all automotive products from the day the agreement enters into force.
including the 25 per cent US customs duty on utes ("pick-up trucks").
Australian duties on passenger motor vehicles will be phased out, to zero in 2010.
Summary
The United States has agreed to remove, from day one, all tariffs on automotive products. For most automotive products, US tariffs are already quite low. Included amongst these, however, is the elimination of the 25 percent tariff on pick-up trucks that has prevented Australian manufacturers exporting utes to the United States.
Australian tariffs on finished passenger motor vehicles will be phased out gradually between entry into force of the agreement and 2010, in response to concerns expressed by local manufacturers about the impact of removing tariffs immediately.
Australia's tariffs on all other automotive goods, in particular car parts and commercial vehicles, will be eliminated from day one of the Agreement.
Now if only I could find the date the agreement starts.....
could be an interesting idea
Registered User
Joined: Oct 2002
Posts: 848
From: Melb, Aust
Re: FTA between Aus and US
Originally posted by crYnOid
Utes on the way? Now if only I could find the date the agreement starts.....
Utes on the way?
Now if only I could find the date the agreement starts.....
Registered User
Joined: May 2002
Posts: 358
From: AU
remember when i posted and article in guions thread that said 100,000 el-camino's are coming...
WOOOO HOOOO !!!
well its a good start anyway... i shouldn't get too exited, because i will have to tolerate the bashings all over again
, or maybe not
WOOOO HOOOO !!!
well its a good start anyway... i shouldn't get too exited, because i will have to tolerate the bashings all over again
, or maybe not
Registered User
Joined: Mar 2001
Posts: 13,713
From: The Golden State
Just a little perspective here:
The Holden UTE was to be the FIRST item brought over from Holden Australia. Because it's based on the "long wheelbase" model, it's fuel tank os in front of the rear axle. It also would have fallen under the more relaxed US "truck" standards. The ONLY thing that kept that from happening was that there was no way around that 25% import tarrif on trucks.
In short, as soon as that tarrif is gone, it's just a matter of Holden's production capability (alot of the special items from the GTO will carry over to the "UTE") and Chevrolet's eagarness to bring the El Camino back (Lutz is known to be a strong proponent, but it's Chevy that has to make the decision).
Great news! El Camino would immediately move to the top of my list of what I intend to buy next year.
(BTW: I doubt 100,000 El Caminos though. More like 10,000 per year. I also doubt they will be made here even after our zeta production begins. Realistically, I don't think there is enough sustainable volume to make it worth producing here IMHO only.)
The Holden UTE was to be the FIRST item brought over from Holden Australia. Because it's based on the "long wheelbase" model, it's fuel tank os in front of the rear axle. It also would have fallen under the more relaxed US "truck" standards. The ONLY thing that kept that from happening was that there was no way around that 25% import tarrif on trucks.
In short, as soon as that tarrif is gone, it's just a matter of Holden's production capability (alot of the special items from the GTO will carry over to the "UTE") and Chevrolet's eagarness to bring the El Camino back (Lutz is known to be a strong proponent, but it's Chevy that has to make the decision).
Great news! El Camino would immediately move to the top of my list of what I intend to buy next year.
(BTW: I doubt 100,000 El Caminos though. More like 10,000 per year. I also doubt they will be made here even after our zeta production begins. Realistically, I don't think there is enough sustainable volume to make it worth producing here IMHO only.)
Last edited by guionM; Feb 9, 2004 at 11:43 AM.
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Joined: Jun 2002
Posts: 2,979
My vision for the future:
Austrailia and New Zealand are added to NAFTA, Great Britian is torn away from the European Union and added to NAFTA.
What you get then is the undisputed economic powerhouse of the world for the next 200 years, generally English-speaking (apart from Mexico), with a far more common cultural background than Great Britain enjoys with the rest of the EU.
Matter of fact, we are Great Britain's #1 trading partner, regardless of her proximity to Europe. Furthermore, they can keep the pound.
Eventually, it would be my hope that a Federation is formed between the countries, allowing for a common defense, free trade, free travel, etc...
Austrailia and New Zealand are added to NAFTA, Great Britian is torn away from the European Union and added to NAFTA.
What you get then is the undisputed economic powerhouse of the world for the next 200 years, generally English-speaking (apart from Mexico), with a far more common cultural background than Great Britain enjoys with the rest of the EU.
Matter of fact, we are Great Britain's #1 trading partner, regardless of her proximity to Europe. Furthermore, they can keep the pound.
Eventually, it would be my hope that a Federation is formed between the countries, allowing for a common defense, free trade, free travel, etc...
Registered User
Joined: Dec 1999
Posts: 2,779
From: Denton, TX
Actually, I think I read from somewhere that the deal still needs approval from the Aussie, and probably the US, parliament, too.
Supposedly at least the Aussie opposition party is very much against it and threatened to prevent the ratification of the agreement.
Any one of our Aussie friends have any further info on that?
So, let's hold on to the El Camino orders for the time being.
Supposedly at least the Aussie opposition party is very much against it and threatened to prevent the ratification of the agreement.
Any one of our Aussie friends have any further info on that?
So, let's hold on to the El Camino orders for the time being.
Registered User
Joined: Oct 2001
Posts: 1,232
From: Orlando, FL USA
Originally posted by PacerX
My vision for the future:
Austrailia and New Zealand are added to NAFTA, Great Britian is torn away from the European Union and added to NAFTA.
What you get then is the undisputed economic powerhouse of the world for the next 200 years, generally English-speaking (apart from Mexico), with a far more common cultural background than Great Britain enjoys with the rest of the EU.
Matter of fact, we are Great Britain's #1 trading partner, regardless of her proximity to Europe. Furthermore, they can keep the pound.
Eventually, it would be my hope that a Federation is formed between the countries, allowing for a common defense, free trade, free travel, etc...
My vision for the future:
Austrailia and New Zealand are added to NAFTA, Great Britian is torn away from the European Union and added to NAFTA.
What you get then is the undisputed economic powerhouse of the world for the next 200 years, generally English-speaking (apart from Mexico), with a far more common cultural background than Great Britain enjoys with the rest of the EU.
Matter of fact, we are Great Britain's #1 trading partner, regardless of her proximity to Europe. Furthermore, they can keep the pound.
Eventually, it would be my hope that a Federation is formed between the countries, allowing for a common defense, free trade, free travel, etc...
I've always wanted to see a common union between the U.S, U.K., Australia, and New Zealand. Hell the U.K. has more ties with the U.S. than the rest of Europe.....Ok, back on topic. Lets just hope all this gets approved and the Camino fans get to see their car return.
Registered User
Joined: Nov 2000
Posts: 1,440
From: five-one-oh/nine-oh-nine
its typical though isn't it? US drops their tarriffs instantaniously while its trading partners "phase out" tarriffs. by the time the US will be able to export its cars/trucks to Australia with no penalties, they will have gone through 2 more generations and a bunch of redesigns/freshenings. in other words, speaking in the automotive realm, that's a lifetime...
Registered User
Joined: Aug 2000
Posts: 200
From: Sydney, Australia
I wouldn't be too concerned - the US's biggest export to Aus so far as cars is concerned, is parts. Engines, gearboxes, etc make far more money for the states than the small number of complete cars that are sold here. The tariffs on these parts are being dropped immediately 