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International car makers are rushing to ship vehicles and basic components of the United States to advance in the next round of President Donald Trump’s tariff, which threatens to create chaos on car supply chains.
In response to the requests of car manufacturers, car load ships were sent to Asia and Europe amid plans to carry “thousands” more than usual to the United States, according to industry officials.
Lasse Kristoffersen, CEO of the main charging line of Wallenius Wilhelmsen, told the Financial Times that there is “more size than Asia than that we are able to take it from our customers.”
He said that the company added the ability to address the request, adding that the increase would be greater without a lack of industry in the car holder ships.
Trump said that The “mutual” definitions On the trading partners in the United States, it will happen on April 2-on the same day that the 30-day re-postponement ends on the president’s pledge to impose tariff fees of 25 percent on imports from Mexico and Canada.
South Korean car manufacturers Hyundai and Kia were among those trying to charge more vehicles to the United States before the new tariff The deadline, according to another shipping director. Hyundai refused to comment on her strategy, but she said: “We are constantly improving our shipping plans to adapt to market conditions.”
A German car maker said he was shipping more vehicles from Europe to the United States to address the threat of customs tariffs.
The rush led to an increase of 22 percent on an annual basis in vehicle shipments from the European Union to the United States in February, while their number increased by Japan by 14 percent. South Korea shipments to North America increased by 15 percent.
“There is a noticeable increase” in the ships heading from Europe to the United States.
“We see an increase outside Europe, and perhaps we will soon see an increase in East Asia,” he said, adding that the ships needed to complete their journey to be calculated. “There are a lot of car holders that are compared to that they will go to the United States, which is a clear indication of increased activity.”
Companies that produce cars and components in Mexico and Canada are also preparing for definitions on imports to the United States. Honda is trying to offer shipments from these two countries, while Chrysler and Malik Jeep Stellantis said it is transporting stocks across the border to its American factories and producing more vehicles during a one -month stoppage period.
“When you look at the vehicles we produce in Canada and Mexico, we have good supplies on the ground now with our merchants, perhaps from 70 to 80 days from most of these units,” Doug Ostroman, Stelncis Financial Director, said at a conference on Tuesday.
Another logistical executive official working in the auto supply chain said that the electronic commodity manufacturers used in cars such as Estrio systems were “looking to store more in the United States.”
This approach is not unified throughout the industry. Toyota said it “did not increase vehicle imports to the United States from Japan (or from other countries) in anticipation of possible future definitions” while a Japanese car tankers have reported a little change in demand.
While the 30 -day delay in customs tariffs gave car makers an additional time to charge the stock to the United States, Cody Losk, CEO of the American International Car Association, said that the greatest uncertainty was the time when customs duties will continue and who finally apply.
“We are all waiting to see,” Losk said. “Does every country treat differently? Is everyone the same?”
“The biggest question is how this will affect the car’s trade over time … customers are not sure of the direction this will require,” said Kristen Cresistsen of the Newos Fellamersen.
Participated in additional reports by Claire Bushi in Chicago and Patricia Nelson in Frankfurt
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