During the 2024 Presidential Campaign, Donald Trump has repeatedly promised to increase tariffs for the United States.
The import had damaged the local automotive industry, and other nations restricted American vehicles. American workers and companies were offended.
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On January 20, immediately after the inauguration, it began to threaten the import of everything with new tariffs: French wine, Canadian Lumber, Mexican products and dam.
On Wednesday, he was good in the vow of auto tariffs. The United States has announced that all the importance of all cars imported to the United States will apply the US 25% tariffs.
The move will affect all the tools imported by Europe automatically, but also affect the vehicles and parts established in Japan and South Korea. And this is built in Canada and Mexico and is built by US companies based on the United States, it affects vehicles and parts and sent to the United States.
New cars and higher prices for cars used
Analysts on Wedbush securities described the automatic tariff announcement such as “Hurricane Title”, especially for foreign cars. In a note on Wednesday, the investment firm Y, the average price of politics could be increased by the average price of 5,000 and $ 10,000, New York Times said.
This president’s order The tariffs will start on April 3 at 12:01 and start before May 3. Order tariffs are no deadline. They will only last until “they” clearly reduced, modified or canceled. “
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This, in turn, will likely be revenge on the United States by the European Union, Canada and Mexico. In addition to the Trump management, no one was happy Saturday evening, “I’m deep regret to the United States to apply tariffs in European car exports”, President of the European Commission Ursula Von Der Layen.
Caucasan’s new Prime Minister Mark Carney called the latest tariffs called “Direct Attack” on Canadian and Canadian Authorized. Relations between the two countries are “World and Postal Newspaper” in Toronto, “he said.
Carney warned that new tariffs could seriously damage the automobile sector in Canada, an integral part of US producers. About 80% of Canada auto production is exported to the United States.
After the announcement of the White House, US shares collapsed before the announcement of the White House.
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The Standard & Poor’s 500 index fell from 1.1% to 5.712. The Nasdaq composite index fell from 2% to 17,899 and the Dow Jones industry was reduced from 0.3% to 42,455.
All three indices are low for years. Nasdaq is 7.3%. The S & P is 2.9% less in 500 and decreases 0.2% of Dow.
After the announcement, the US shares of futures trade will be opened on Thursday. How low is not yet clear.
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The large number of vehicles built outside the United States
About half of the new passenger vehicles sold in the United States in 2024, according to S & P global mobility, he gathered on the outskirts of the United States.
Mexico, General Motors, RAM and Toyota, as well as the largest automatic exporter of the BMW and Volkswagen’s Audi, but also of favorable sedans from the Nissan and luxury models.
European cars – especially Germany are believed to be the most sensitive. Mercedes-Benz (Mbgaf( Bmw (Bumpy( and Volkswagen (Vwagy( The United States’s vehicles imported to the United States were estimated at 34.8 billion euros. This is becoming about $ 36.7 billion. European companies make up 73% of 73% of US largest US largest car producers.
General Engines (Gm( In 2024, the total revenue earned $ 13.6 billion in $ 13.6 billion in $ 187.4 billion. According to the 2024-year report, the US vehicle revenue was $ 140.5 billion.
TOYOTA (Tm( Honda (HMC( Nissan (Nsanyan( Hyundai and others have an important job and investment in the United States. In addition, GM, Ford Motor Co. (F( and Chrysler, a helper of Stellantis now (Emphasis( Parts and vehicles entered from the United States and Canada and Mexico.
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