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The coalition for the Prosperous American chief economist Jeff Ferry discusses panic on the tariffs of the President Donald Trump.
Tariffs of President Trump Some car parts of cars and car parts will hit each other among those who are tougher than others, especially in the United States.
For example, brands imported at least 60% of the relevant US sales in Volvo, Mazda, Volkswagen, Volkswagen and Hyundai Motor, S & P, including Kia’s brands.
Comparative, Ford, Honda, Stellantis and General Motors showed the most car in the United States in the S & P Global Mobility report.
Trump, which can see tax revenues, plans to apply 25% tariff to the revival of local production, to finance their plans for tax discounts In all cars imported.
It will be announced that these tariffs and more than 2.5% of the previously announced are expected to announce mutipation plans.
When you need to start car shopping, automatic tariffs repair like a bench
Trump management said on Thursday, the president’s implementation of such tariffs will protect and strengthen the automobile sector. ” The department claimed that the foreign automotive industry expanded due to the “Actual Subsidies and Aggressive Industrial Policy” The production stopped”
Richmond, California, USA, Ford board on June 21, 2024 in Richmond. (David Paul Morris / Bloomberg Getty Imager / Getty Images)
However, some can increase the production of tariffs in the auto industry, only GM, Ford and Stellantis are more likely to increase the production of US and are likely to be able to make such changes and effective effectiveness. ” “The production turn also requires the transfer of suppliers.”
Hyundai Motor Company CEO invests $ 21 billion in the United States
According to the National Car Dealers Association, car experts claim that favorable issues in favorable issues, especially in the union of vehicles, especially 100% local production or internalized or collected.
As for car prices, a Diversity of market forces,In addition to the tariffs, the Autotrader’s executive editor brian Moody will determine how to change the price of another car other than the tariffs.
On Tuesday, on February 21, 2023, Colma, California, vehicles used for sale in a dealer in the United States. (Photographer: David Paul Morris / Bloomberg Getty Imager / through Getty Images)
In addition, it may depend on how many models in the United States compared to other countries. A manufacturer can accelerate prices to absorb the tariffs that do not have a large model with a large model with a large model with a model of a large model in the United States and others in the United States. This means that the increase in the cars can be spread over several models.
The splitting of the share of cars with imported sales percentage here
S & P Global Information Global Information is imported on the percentage of US sales (S & P Global Mobility)
