President Donald Trump said he is considering giving exceptions of customs duties he imposed on imported cars and parts, with the aim of giving car businesses more time to establish production lines in the United States. “I study a step to help car businesses. It is currently on the way to use pieces in Canada, Mexico and other countries, and they need some time because they are planning to manufacture it here. ‘ Trump’s remarks can contribute to the award of an outlet for car manufacturing companies suffering from the fees imposed on car imports and light trucks, but at the same time add more mystery to his trade policy. The shares of “General Motors”, “Ford Motor” and “Stelliantes” (the parent company “Chrysler”) jumped to the highest levels during the trade session after Trump’s comments, to reduce the losses it recorded earlier in the day. Increased consumer prices due to fees that threaten customs duties on the imports of cars by raising prices on US consumers, and making chaos in sector supply chains, which are largely connected between the United States, Canada and Mexico. Trump justifies these measures as necessary to revive the US manufacturing sector. Trump has set 25% fees on ready -made cars, while fees on parts are scheduled to take effect later than May 3. The three major Detroit businesses have been putting pressure on the Trump administration for weeks to exclude a few layers of cost -motor parts of the fees to be imposed. Ford, General Motors and Stelncis enterprises have expressed their willingness to pay fees on full cars and some large components such as engines and movements tankers, but their representatives have warned the administration that the boom of wide fees on parts will lead to the cost of billions of dollars, which can force them to accomplish the goal of the officer. implement. Trump also said he expects to impose fees for Dwelmin feeds in the ‘non -distant future’.
Trump refers to the exclusion of auto parts of the fees
