Car manufacturers And an independent analysis indicated it The rates They could increase prices, reduce sales and make US production less competitive all over the world. The president Trump He described changes as a bridge for car manufacturers to move more production to the United States. “We just wanted to help you during this small transition, in the short term,” Trump said to journalists. “We didn’t want to penalize them.”
The Treasury Secretary, Scott Bestent, who has already spoken in an information session of the White House Tuesday, said that the goal was to allow car manufacturers Create multiple national production jobs. “President Trump had meetings with national and foreign car manufacturers and undertook to bring cars back to the United States back,” said Bestent. “So we want to give car manufacturers a way to do it quickly, efficiently and create as many jobs as possible.”
Donald Trump’s new order on rates
Trump signed a Order that changed its previous rates of 25% on cars And pieces, facilitating that vehicles that are assembled in the United States with foreign pieces do not face extremely high import fees.
The modified order provides A reduction for a year of 3.75% in relation to the sale prices of an assembly vehicle in the country. This figure was reached by applying the import fees of 25% to the parties, which represent 15% of the sale price of a vehicle. For the second year, the reduction would be equivalent to 2.5% of the sale price of a vehicle, since it would apply to a smaller part of the pieces.
A high official of the Department of Commerce, which insisted on anonymity to advance the order in a call with journalists, said the Car manufacturers They told Trump that the additional time would allow them Accelerate the construction of new factoriesAfter the car manufacturers warned him It would take time to change their supply chains.
The anonymous official said that car producers would announce during the following month Additional shifts for workersNew hires and plans for new structures.
The reaction of companies in the automotive sector
The president of the multinational StellantisJohn Elkann, said in a statement that society I appreciate the tariff rescue measures of the President: “While we continue to evaluate the impact of tariff policies on our operations in North America, We hope to continue collaborating with the American administration To strengthen a competitive American automotive industry and stimulate exports, “he said.
The CEO of General enginesMary Barra, he said the car is Grateful for Trump’s support To the sector and stressed that the company hopes to have conversations with the president and work with the administration. “We believe that the president’s leadership is helping to level the playing field For companies like GM and allows us to invest even more in the American economy, “said Barra in a note.
Jim Farley, president and CEO of Ford Motor CompanyHe stressed that his company will continue to “collaborate in close contact with the Administration in support of the vision of the president of A healthy and growing car industry In the United States “,
In addition, Farley highlighted the commitment of his company for the United States: “As the appropriate policies are launched, it will be important that the main vehicles of vehicles correspond to Ford commitment to build in America. If all companies that sell vehicles in the United States have drawn the US production report by Ford, four million more vehicles every year would be assembled in the United States. ”
But The change of management does not help a sector that feeds on stabilityFioresi himself said, analyst at the Company of AutoforeCast Solutions company forecast. “Making a change in production for the production of vehicles was a minimum, months and normally years, together with hundreds of millions, if not billions of dollars,” he added. “And that’s why It is not something that is taken lightly“, Dijo Fiorani.
Continues the uncertainty for the effect of rates
“The Wall Street Journal” reported the details of the executive orders for the first time. The quick response story of the White House in X said this Trump signed a second order on Tuesday in the afternoon for prevent its various rates from combining on their existing taxes on imported cars and cars.
Los Rates imposed by Trump were seen by some as a Existential threat to the automotive sector. Arthur Laffer, which Trump assigned the presidential medal of La Libertad during his first term, said in a private analysis that rates without any changes It could add $ 4,711 to the cost of a vehicle.
The new vehicles were sold at 47,462 dollars (41,761 euros) on average last month, according to the purchase of cars from Kelley Blue books. The ratesThe automotive supply chain puts in tensionA complex picture that extends all over the world. Not only many pieces cross the North American borders several times before assembling a finished vehicle, but car manufacturers depend on suppliers around the world for thousands of components.
The increase in withdrawals without a doubt Would have cost new car buyers, Sensitive to inflation, which would push them on the market of used vehicles and will quickly put the availability of second -hand cars. Rates also have an impact on the cost of possession and maintenance of a vehicle.
ADVERTISINGThe changes come when Trump returns 100 days to the White House Going to Michigan, a state defined by the production of cars. Trump won the state in the elections last year by promising to increase jobs in the factories. However, It is not yet clear what impact the rates will have Trump wider in the United States economy and car sales.
