‘We will not withdraw’: Global leaders threaten to return the Trump Auto Tariff | News Donald Trump
World leaders denied the President of the United States Donald Trump to detect new tariff measures, this time aimed at automotive industry.
Canadian Prime Minister Mark Carney offered one of the most important estimates, saying that it meant stopping the narrow ties of his country and the USA.
“The old connection we had with the United States – based on deepening the integration of our economies and narrow security and military cooperation – is over,” Carney said.
“We will have to dramatically reduce the reliance on the United States. We will have to accommodate our trade relations somewhere else. And we will have to do things that have previously considered the impossible, speeds we have not seen in generations.”
Carney’s remarks arrived on the heel from the new executive proclamation of Trump’s administration, setting a 25 percent of tariffs On all cars that are made abroad, imported to the United States, starting on April 2.
Officers IU Canada and Mexico rejected Trump’s tariff campaign as a violation of the free trade agreement that signed three countries in 2019, during the first term of the US president.
But the United Auto – UAW (UAW) – one of the most influential unions in the US – praised Trump’s decision as a victory for domestic workers.
“We welcome Trump’s administration for the reinforcement of a free trade catastrophe that has devastated the working class community for decades,” UAW Fain wrote in a statement.
He has been blamed on free commercial trade agreements in production in cheaper markets abroad.
“These tariffs are the main step in the right direction for automatic communities and the community of blue collar across the country, and are now on car manufacturers, three to three to Volkswagen and beyond, to bring back good trade union jobs in the US,” Fain said.
But critics warn that tariffs will not immediately influence the creation of new jobs for Americans, as it will take time to build new production lines in the US.
“Donald Trump says this will help regenerate the car construction process in the United States,” explained Al Jazeere Alan Fisher.
“But of course, if anyone will build a plant, it will take two, three, maybe four years – outside Trump’s time in power.”
Some experts in the industry even predicted that the burden of tariff could stop the car production.
Flavio Volpe, president of the Canadian Automobile Project Production Association, explained that almost two million cars built in Canada were made for US cars. And the Canadian factories, meanwhile, sources half of their parts of cars and raw materials from the USA.
Volpe said he served as an illustration of how deeply the international car industry is.
“Everything White House is trying to do to Canadians will [be done] Directly in the three largest car companies based in the US, “Volpe told Al Jazeera.
“The industry is likely to close on both sides of the border within a week,” he added.
Ever since the 25 % tariffs were published, the American car manufacturer General Motors has recorded a sharp drop in its shares. It is considered one of the “big three” car manufacturers in the US, along with Ford and Stellantis.
Trump has been teasing Tariff’s importing car from the beginning of his second term of the President.
In February, for example, he told reporters at his Mar-a-Lazla Florida resort that Tariff would “Be 25 percent in the neighborhood,” but would later reveal them to give manufacturers a “little chance” to adapt.
Media reports show that American car manufacturers are worried that such tariffs will disrupt their job.
At the investor conference in February, Ford Director Jim Farley said the cross -border tariffs had threatened to “blow a hole in the US industry in the long run.”
Already American trade partners are preparing to revenge on tariffs, enhancing the spiral trade war.
German Chancellor Olaf Scholz, for example, said: “Now they have chosen the path whose end lies are only losers, since the tariffs and isolation have hurt the prosperity for everyone.”
Carney also hinted at negative outcomes for the global economy – and a solid answer from Canada.
“We will fight US tariffs with our own trade actions that will have the maximum impact on the United States and minimal influences here in Canada,” Carney said.
Let’s be clear. We are all on the same page. We won’t retire. We will answer. Nothing is out of the table to defend our workers and our country. “