Canadian Minister of Energy and Resources Jonathan Wilkinson about the US and trade conversations between Prime Minister Trudeau and President Donald Trump.
President Donald Trump Over the weekend, he announced the planned imports of imports from Canada, Mexico and China that could affect car manufacturers.
Trump’s executive command sought to bring 25% of tariffs to imports from Canada and Mexico and 10% charges on imports from China, which began on Tuesday.
Trump said on Monday he would Stop the tariffs In Mexico, it was a month after the country’s president, Claudia Sheinbaum, agreed to arrange 10,000 soldiers on the United States-Mexico border. Trump said that State Secretary Marco Rubio, Minister of Finance Scott Bessent and Store Store, will negotiate with a high -level Mexico representatives.
President Donald Trump said on Monday that he would pause Tariffs on Mexico for a month after Mexican President Claudia Sheinbaum agreed to arrange 10,000 soldiers on the United States-Mexico border. (Emmanuel Rosas/Decuradormx/Getty Images | Allison Robbert-Pool/Getty Images/Getty Images)
Stocks Ton on Monday after Trump’s tariffs to Canada, Mexico and China
What car manufacturers say
Matt Blunt, President of the US Automobile Policy Council, whose members include Ford, General Motors and Stellantis, said on Monday in a Fox Business statement that the Association continues. “[s] believe that the driving and the parts that meet [United States-Mexico-Canada Agreement’s] USMCA strict domestic and regional content requirements should be exempted from the increase in tariffs. “
“Our American car manufacturers, who have invested billions in the United States to meet these requirements, should not have their competitiveness of tariff adhesion, which will increase the costs of building vehicles in the United States and Stilie investment in US workforce,” he added.
The General Motors worker is shown on the prefabricated line at the Delta Motor Motor Motor Motors Factory on February 21, 2020 in Lansing, Michigan. (Bill Pugliano / Getty Images / Getty Images)
The Automobile Innovation Alliance did not return the Fox Business’ request for comment. Toyota refused to comment.
China threatens revenge against Trump’s tariffs
Autos Drive America has a dozen international car manufacturers among its members, including Honda, BMW, Hyundai, Mazda, Mercedes-Benz, Nissan, Volkswagen and others.
Vehicles for sale in Honda MP in Fremont, California on June 24, 2024. (David Paul Morris / Bloomberg via Getty Images / Getty Images)
“The North American auto industry is highly integrated, and the imposition of tariffs will be harmful to US jobs, investments and consumers,” said Autos Drive Director Jennifer Safavian, claiming that they “undergo” USMac.
Get a job with Fox on a clicking movement here
“We invite all parties to achieve fast resolution to provide clarity and stability for the entire US auto industry,” she said. “We would better serve us by car manufacturers that reduce obstacles to manufacturers, facilitate regulations that interfere with production and create greater export opportunities – policies that we look forward to working with President Trump on adoption.”
