The study found that a car tariff of 25 % of car manufacturers may cost us 108 billion car companies

From the Calia Hall

Detroit (Reuters) -A new analysis from the Automobile Research Center has found that the 25 % car tariff, Donald Trump, was in early April, will increase costs of about $ 108 billion for auto companies in the United States in 2025.

The study, issued on Thursday by Ann Arb, based in Michigan, found automobile companies in Detroit Ford Motor, GM Motors, Stellantz, Jeep Car Maker and RAM, specifically, will witness an increase in the costs of $ 42 billion. The study found that the three Detroit can witness a tariff of about $ 5,000 for the parts it imports on average for each car produced in the United States, and about 8,600 dollars on average for each car you import.

A 25 % car import tariff entered Trump on April 3, causing shock waves all over the industry because supplies come from all over the world. Vehicles made in Mexico and Canada face the tax, but the car manufacturers compatible with the terms of the United States and Mexico-Telenka agreement can deduct the value of American content.

Carrological duties have pushed car manufacturers to make changes in production, while increasing the output of the general manager at Indiana and Stellantis Factory to temporarily close production in a factory in Mexico and one in Canada. These movements affected five American facilities connected to them.

The study appreciates that Detroit three car manufacturers will witness the average cost of tariffs for each vehicle for imported vehicle parts of $ 4911, which is higher than the total average industry of $ 4,239 per vehicle.

For imported vehicles, the study found that the average cost of tariffs for each vehicle is $ 8,722 for the total industry and $ 8,641 for three.

“The study shows the great cost that you will get a 25 percent tariff for the automotive industry. American auto companies Ford, General Motors, and Stelantis intend to maintain our continuous dialogue with the administration to achieve our common goal to increase US production from the United States,” Matt Blant, head of the American auto policy council, who represents the three auto companies in Detroit, said in a statement.

GM and Stellantis postponed the suspension of the Trade Group and Ford was immediately available.

(Participated in Kalea Hall reports; edited by David Gregorio)