Trump announces 25% tariffs in car imports

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US President Donald Trump has announced new import taxes with 25% of car parts in a moving car and car parts that are threatening to expand the Global Trade War.

Trump said that the latest tariffs will result in accusations about importing vehicles that started the next day on April 2.

He claimed that the measurement would be “great growth” for the automotive industry that promises to work and invest in the United States.

However, analysts said the action was to temporarily shut down important car production in the United States, to increase prices and tension with allies.

The United States imported about eight million cars last year, about $ 240 billion in trade and half of the total sales.

Mexico, the highest foreign car supplier in the United States, followed by South Korea, Canada and Germany.

Many US car companies also have operations in Mexico and Canada, as well as in accordance with the terms of the long-term free trade agreement between the three countries.

Trump’s latest decision threatens to develop the global automotive industry.

The White House said that the order will appeal to the car parts sent from other countries not only to the gather in finished cars but also in the United States.

The shares in the general engines slipped about 3% on Wednesday because the White House plans to announce. The president’s statement was spread to other companies, including Ford, including Ford after signing the executive order.

If there was a chance at a press conference, Trump said that Trump was not in the reverse.

“This is permanent,” he said, “But if you build your car in the United States, there is no tariff.”

South Korean Karmakan Giant Hyundai, announcing the announcement in front of the tariffs, will build a new steel plant in the United States in investment and $ 21 billion (16.3 billion pounds) in investment and Louisiana.

Trump appreciated the investment as “a clear demonstration that tariffs work in a very strong way.”

The new car imports in cars are effective in the same day to enter into force for individual countries based on trade relations with the United States and trade relations.

After the announcement of car tariffs, President of the European Commission Ursula Von Der Leien said the bloc will consider measures before any potential response.

“As I said before, tariffs are taxes – bad for business, the same is bad for consumers in the United States and the European Union,” he said.

“EU will continue to negotiate while maintaining economic interests.”

A homeowner brought to the United States is part of Trump’s efforts to increase the tariffs for goods, America’s business and production.

A tariff is taxed by a government and imports the company’s goodness.

However, when protecting internal enterprises, the price of consumers importing goods from abroad exceeds more expenditures, and consumers are growing.

In many countries, including the United Kingdom, including the United Kingdom, including the world’s largest economy, are growing up on potential tariffs.

Britain’s trade relations with us suggested that it will be less exposed than the others, but the introduction of VAT surprise to calculate potential tariffs and offered to ask questions on the influence of English enterprises.

According to the industrial authority, Motor Manufacturers and Traders Society (EMD), the United States was the second largest car export market for the United Kingdom, mainly luxurious cars, including Jaguars, was sent via the Atlantic.

EMS CEO Mike Hawes, UK and US governments called “immediately to come together and work for everyone.”

“UK and US cars are a long time and have a productive relationship, and thousands of English motorists built by some iconic brands with US consumers are produced in America,” he said.

In recent weeks, the United States, including the United States and Ford, called the US president to release the US president from the tariffs.

 
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