Unlock the White House Watch watch newsletter for free
Your guide on what the US elections of 2024 mean for Washington and Le Monde
Donald Trump reported that he could offer manufacturers the manufacturers of rates relief, in the last sign that the American president will offer characteristics to selected industries.
Trump said that he “considered something to help automotive companies” that made vehicles in North America.
“They go to parts that have been made in Canada, Mexico and other places, and they need a little time because they will make them here,” Trump said from the oval office on Monday.
Its remarks occurred after the administration of the weekend exempt from smartphones, laptops and other consumer electronic products from “reciprocal” steep priceAlthough US officials later said that these articles could be taken in a later round of samples.
Trump unveiled high prices of 25% on imports of cars and parts last month, in a decision that threatens to increase costs for American consumers and overthrow the world's automotive supply chains.
Under the negotiation scheme, cars and parts manufactured in Canada and Mexico face lower samples and only attract the 25% rate on their non -American content if they comply with the rules of the USMCA 2020 trade agreement.
Monday's comments on Monday suggest that it could offer more time to move supply chains to North America.
The actions of the so -called Detroit 3 – Ford, Stellantis and General Motors car manufacturers – increased on Monday, GM and Ford each increasing around 4% and the actions listed in the United States in Chrysler Parent Stellantis winning 5%.
The trio is pressure on the administration for months to offer a complete exemption from the prices for all cars and parts in accordance with the USMCA.
Matt Blunt, president of the American Automotive Policy Council, who represents the three companies, said: “I think there is an increasing awareness that some of these parts have unexpected consequences and make vehicle assembly in the United States more difficult.”
Car manufacturers have also been affected by 25% Trump prices on steel and aluminum imports, while some vehicle manufacturers are faced with other tasks such as 20% levies from China.
Blunt said: “There is an understanding that some of the individual prices stacked on parts undermine the manufacturing objective in the United States, which is an objective that we share with the administration.”
Trump described himself on Monday as a “very flexible person”.
