The US President trading pact Donald Trump (78) with Great Britain It is difficult for the US car industry. The reason is the reduction in import duties for 100,000 British cars from 25 to 10 percent. This would prefer manufacturers from Great Britain to their own industry, criticized the AAPC industry association. He represents the big three US carmakers: ford,, General Motors and the group Stellantis With brands like Jeep and Dodge.
Trump’s government had imposed tariffs of 25 percent for imported vehicles and components. The US manufacturers produce some car models in Mexico and Canada and also obtain parts from there for production in the USA. A large part of it is initially excluded from the tariffs as long as the requirements of the USMCA free trade agreement are observed.
Over time, however, the foreign components of USMCA-compliant import vehicles with an inch of 25 percent should also be occupied. With the trading pact, it will be cheaper to bring a British car to the USA when a vehicle from Canada or Mexico, which is half of US parts, criticized the association. The shame of American manufacturers, suppliers and employees.
Trump’s Minister of Commerce Howard Lutnick (63) had argued that 100,000 vehicles only made a small part of the US car market-but for British manufacturers such as Rolls-Royce, Bentley and Jaguar Land Rover were a relevant amount.