7 hours agoCar manufacturers act swiftly on 25% fee
Periskopi(a year ago)
(a year ago)One of the tariffs proclaimed by Donald Trump during his speech to “on Wednesday's <x0 day of liberation” was a 25% fee for all car imports. As a reminder, the president views the move as a way to lure American producers home and lure foreign companies into opening stores [...]
As a reminder, the president views the move as a way to lure American producers home and lure foreign companies into opening US stores, reports the report. BBC, broadcast Periscope.
The vehicle tax went into effect almost immediately, and since then car producers have been quick to act:
Jaguar Land Rover has said today that it will stop “remittances to the US this month, as it considers how to address the new “trade conditions” of Trump tariffs.
Meanwhile, carmaker Stellantis has said he will temporarily close his assembly factory in Windsor, a Canadian town on the US border, next week due to new tariffs.
However, according to reports, Nissan is considering moving some of its production to the US. She has also announced she is canceling plans to reduce her operations in Tennessee
The United Car Workers Union, which represents those who work at car production, has applauded the introduction of tariffs, saying the move “sygnalizes a return to policies that give priority to workers who build this country, instead of the greed of ruthless corporations”. /Perixopi/
