The White House “Makssa” confirms the tariff for the auto industry

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Co -colleagues at Nissan Car Collection Factory in Tennessee, June 6, 2022. The factory uses thousands of people and produces a variety of vehicles, including Leaf EV and Rogue Crossover.

Michael Weaend / CNBC

The White House confirmed on Tuesday that the Trump administration plans to alleviate the impact of car tariffs, as the auto industry is wrestling with the organization Understanding and additional costs Because of the fees.

present Definitions Of 25 % on imported vehicles in the United States, new measures will continue to prevent other adjacent fees, such as additional tariffs by 25 % on steel and aluminum, from “stacking” over others. NBC News.

additional 25 % tariffs on car parts The official said that this is still scheduled to be effective by May 3, but there will be a ability to some compensation.

Compensation related to auto parts definitions include up to 3.75 % of the US -making car value for one year, followed by 2.5 % of the value of the car in the second year, then it is completely disposed of. Wall Street Magazine, Which was first reported about the expected changes on Monday night.

White House press secretary Caroline Levitte told the media on Tuesday morning this president Donald Trump It will sign an executive order later in the day regarding automatic tariffs, but it has refused to reveal any specific changes.

Read more CNBC tariff cover

Expected changes track car manufacturers and auto policy groups Click The Trump administration of some relief on the customs tariff, which was accumulating in the auto industry.

Last week, six of the best policy groups representing the American auto industry, including Car Innovation Alliance This represents most of the major auto manufacturers, and unusually joined to pressure the Trump administration against implementing the upcoming definitions on auto parts.

“President Trump has indicated openness to reconsideration of the 25 percent customs tariffs – similar to the recently approved identification relief on consumer electronics and semi -conductors. This will be a positive development and relief.”

The groups – which represent merchants, suppliers and almost all major auto industry companies – said that the next fees can endanger American cars, and indicated that many car suppliers are “in distress” already and they will not be able to bear the increase in additional costs, which leads to problems in the broader industry.

Before the company, whose results were reported in the first quarter on Tuesday, General Motors “The future effects of definitions may be great,” financial director Paul Jacobson told reporters.

In response to the lack of organizational certainty and the expected cost, General Motors stopped its directives for the year 2025, which did not define the definitions; Hanging shares; The investor’s quarterly call was delayed for two days until Thursday.

Auto -industry companies have appreciated the expected changes, but continue to face significant costs.

“Ford welcomes and appreciates these decisions taken by President Trump, which will help reduce the impact of definitions on auto manufacturers, suppliers and consumers,” said Jim Farley, CEO of Ford in a statement sent via e -mail.

Stelncis President John Elcan said these statements: “Stelliantes estimates the identification relief measures decided by President Trump. While we also evaluate the impact of customs tariff policies on our operations in North America, we are looking forward to our continuous cooperation with the American administration to enhance the American competitive car industry and motivate the boxes.”

General Motors CEO Mary Barra He also thanked Trump, saying that he “helps the stadium level for companies like General Motors and allow us to invest more in the American economy.



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