Trump Team, returning some tariffs to reduce pain for the auto industry

• Approved a report in the White House Wall Street Journal These cars will not encounter additional tariffs for goods like steel and aluminum 25% of cars and in car parts. Trump’s developing trade policy is designed to offer companies to make some of the latest pinching companies from foreign countries to change some extraction from foreign countries.

President Donald Trump plans to reduce the economic pain in the global car industry in the global automotive industry.

White House approved on Monday Wall Street Journal Cars and suppliers of cars and their suppliers, which are 25% of cars and suppliers imported from abroad from abroad, will always end the manufacturers of other tariffs for steel and aluminum.

Trump’s trading policy is designed to offer some of the latest companies to transport some of the production from abroad to the United States. This is a period of time thanks to the complexity of the radically and relocation of all supply chains.

“This agreement will win a great victory for manufacturers who expressed the commitment to invest in America and produce domestic production and awarding local producers to producers,” he said.

The White House did not answer FortuneSor for MP Press Time.

Low net approval rating

For a second term of Trump for the second term, management faces increased pressure to lighten the burden of both consumers and manufacturers. His job confirmation also falls before the felt of the fully greed of tariffs: several large box retailers Diamatic and Target The White House is a special warning The shelves can be blank soon Once run out of inventory resources.

The President’s “Economic war against the whole world at a time“Because the Hedge Fund is called billionaire Bill Ackman, the S & P 500 resulted in 8% of the opening of Trump and even steep losses 90-day tariff break. The United States is now expected by many economists Slide into a self-inflicted recessionand Trump’s popular support at this point The lowest in the record Any presidency in 80 years.

“The chests of fake news, like the news itself, fake!” TrumpwriteTuesday on a post of social platform. “We are better, better than ever.” Yet inquiries conducted by the Republic Day Fox News indicate itNet Confirmation Ratingin negative double digits.

The most clear sign that the white house can end is the lack of Peter Navarro from Airwaves. The architect of the Tariffs of Falcon and Freedom Day of Trade, it was missing after the trump Mega-donor elon musk “More trash than a brick”

Again Tesla CEO appeared last week during the company’s Q1 call, while Trump is the nearest edge advisor, there is little tip led by tariffs.

Michigan Car Research Center estimated This month ago, 25% of the president’s car tariffs, all the US will increase worth $ 108 billion worth of value. From May 3, the car parts caught in imported car parts will be added or shoulder with buyers or two combinations.

Trump looks the industry as it is vital for national security

Industrial Forecaster S & P Global Mobility, two weeks ago, the sales estimate of annual light vehicles, as a result of the tariffs of the troupe, called down the renewal “one of the largest monthly changes“Along with the crisis, such as Lehman collapse and covig incident.

Nevertheless, CEOs thanked the President to reduce the effect of the White House to encourage the change of the industrial base and bolster to provide economic self-sufficiency It is very important to the US National Security.

“Ford welcomes and evaluates these decisions by President Trump by President Trump, which will help automatically reduce its effects on automatic, suppliers and consumers, suppliers and consumers, suppliers and consumers,” said CEO Jim Farley Wall Street Journal. His colleague at General EnginesMaryam Barra, meanwhile, he said he was looking forward to working with the team’s Trump management.

However, for exclusive exporters such as Porsche, very small to have its own US assembly line, tariffs means potentially in addition to hundreds of millions of dollars title.

One of the reasons for automatic tariffs is so harmful, the ripple effect in all economies: Karmakers are APEX consumers who brows a wide industry sector.

Large and small bait manufacturers with thousands of suppliers, raw materials and intermediate entrances are similar to exactly hours. This includes everything from the injection molded plastics to the semiconductors and other developed electronics.

This story was first displayed Fortune.com

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