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Car manufacturers to make some Trump tariffs – but the prospects for the 'Big 3' are still cloudy

US car manufacturers will take a break of some of the tariffs achieved that President Donald Trump is impressive.

Despite the new exemptions, the prospects for the longest lived car manufacturers in America remains cloudy. General Motors said on Tuesday that it “re -evaluated” his income management in view of the uncertainty about the effects of tariffs.

A spokesman for the White House confirmed that car manufacturers of Trump's tariffs are not forced to pay for imported cars that have entered this month Other tasks that Trump has implemented, such as those on steel and aluminum.

Officials from the White House later made it clear that only certain tariffs would not be stacked and that car manufacturers could still be subject to country tariffs.

The officials also said that the automobile manufacturers in the USA, including foreign property, are entitled to “offset” for the tariffs for automatic tariffs from foreign cars that are to come into force on Saturday, May 3.

USMCA-compliant foreign parts are not subject to tariffs.

After the call, the car manufacturers rose higher.

The White House said that the changes were a reflection of the cooperation between the administration and the auto industry.

“President Trump builds an important partnership with domestic car manufacturers and our great American workers,” said commercial minister Howard Lutnick in a statement. “This deal is a great victory for the president's trade policy by rewarding companies that are produced in Germany, and at the same time manufacturers provide the starting path that are expressed for their commitment to investing in America.”

Car manufacturers welcomed the new attitude. Ford said “President Trump's decisions are welcomed and appreciates what will help reduce the effects of tariffs on car manufacturers, suppliers and consumers”.

Mary Barra, CEO of GM, said that the company was grateful for his support for his support for the US automotive industry and the millions of Americans who are dependent on us.

“We believe that the President's leadership contributes to the fact that companies like GM accept competitive conditions and enable us to invest even more in the US economy,” said Barra in an explanation. “We appreciate the productive discussions with the president and his administration and look forward to working together.”

Stellantis, the company, the Dodge, Ram and Jeep belongs, said Trump's “tariff relief measures”.

“While we are further evaluating the effects of tariff policy on our North American operations, we look forward to our continued cooperation with the US government in order to strengthen a competitive American auto industry and to promote exports,” it said.

Nevertheless, GM warned on Tuesday that the effects on his financial position of the Auto tariffs could still be “significant” and, as a result, “re -evaluated” his instructions, while it was waiting for “greater clarity”.

“You cannot base yourself on the market on the previous guidance, and we will return to the market with clarity as soon as we have it,” said the company.

GM CFO Paul Jacobson refused to announce how much the tariffs, including 25% taxes for imported vehicles, which had been effective April 3., previously cost the car manufacturer Detroit, reported CNBC. The company has also postponed its winning call with investors to Thursday.

In view of the fact that the car manufacturers have to apply for reimbursement, the new agreement for companies is still potential cash flow concerns. US customers could still be exposed to higher costs, depending on how the reimbursement directive is implemented.

While the prices for new cars kept steadily in the last quarters, they could increase this summer when the tariffs come into force and, according to Cox Automotive Executive Analyst Erin Keating, the inventory of tariffs come into force.

“It is still very important to determine how high prices rise for consumers, since every car manufacturer will manage the price tablet differently,” said Kelley Blue Book with an increase of 10% to 15% compared to Kelley Blue Book.

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