6.1 C
London
Monday, March 31, 2025

USA. Donald Trump announced the imposition of 25 % duties on foreign cars. Reaction of the head of the European Commission and the Prime Minister of Canada

Must read

- Advertisement -


US President Donald Trump announced that on April 2 he would apply a 25 % duties on all cars and light trucks imported from abroad. This is a ten times a raise. The head of the European Commission Ursula von der Leyen announced that the European Union will assess the announcement of Donald Trump. The answer to the new American duties was announced by Prime Minister Canada Mark Carney.

– We will download 25 % duties. But if you are building your car in the United States, there are no duties – said the president USA Donald Trumpannouncing your decision in the oval office and signing the regulation on this matter.

Trump hits a foreign car industry

Customs are to enter into force on April 2together with the “mutual closes”, which in theory to equalize customs rates with rates used by other countries. Trump described this day as “the day of liberation of America”. Trump said that this decision would make foreign companies increase the production of cars in the USA and other companies will move their factories there.

- Advertisement -

According to Trump, duties are to bring the budget $ 100 billion. They will be applied in addition to the current tariffs. Trump announced that customs are “permanently” and there will be no exclusions.

The text of the regulation has not yet been published. According to the vice -member of the White House cited by the Reuters agency, car parts subject to the USMCA agreement with Canada and Mexico.

However, the photo of the document signed by Trump shows that, however, certain parts of cars, such as engines and parts of engines, electronic components, steering and gearbox components will be subject to the festival.

Donald Trump announced the imposition of 25 % duties on foreign carsFrancis Chung/PAP/EPA

Trump complains about the European Union's commercial practices

The president also announced that he would soon impose more duties on the import of drugs and wood.

Once again, he complained about the European Union's commercial practices, he claimed that the sale of American cars in Europe was “almost impossible” and accused her of politically motivated antitrust actions against American digital giants. “They use this as customs,” Trump said.

He also claimed that he understood the recently revealed group chat on Signal, the opinion of the US vice president JD Vance, who opposed hitting Huti In Yemenbecause at the opening of the trade route through the Red Sea, Europe will benefit primarily.

Head of the European Commission: We will assess the announcement of Trump

In a statement issued on Wednesday evening, the head of the European Commission Ursula von der Leyen expressed deep regret due to the US decision to impose duties on European automotive export.

She emphasized that the automotive industry is “the driving force of innovation, competitiveness and a source of high quality jobs thanks to the deeply integrated supply chains on both sides of the Atlantic.” “I talked about it before. Customs are taxes – bad for enterprises, worse for consumers, both in the USA and in the European Union,” she assessed.

Von der leyen announced that European Union Now assess the decision of the American administration together with its earlier announcements about the imposition of duties on other EU products. She also assured that the Union would continue to look for solutions by negotiations, while protecting its economic interests. “As the main commercial power and a strong community of 27 Member States, we will protect our employees, enterprises and consumers throughout the European Union,” she said.

Canada Prime Minister: We will soon answer the new American duties

“We will defend our employees, we will defend our companies, defend our country,” emphasized Carney, who commented on Trump's decision about the duties after leaving the meeting with the chairwoman of the Uniformed Union Uniforated Lana Payne.

Dutch considered a “direct attack” on Canadian employees and announced that Canada “soon” will answer the American duties to cars imported to the USA. “We've already announced retaliation customs, we have other options, further retaliation duties,” said Carney. He did not provide details.

At the beginning of March, Canada announced that it would impose duties in the amount of 25 percent on imports from the US with a total value of $ 155 billion in Canadian dollars.

Carney added that Canadians have been observing for many months the US, which he described as “treason” in relations and emphasized that Canada must “take care of itself”. He reminded that the Canadian government had committed to allocating all funds obtained from retaliation duties imposed on imports from the USA to support for employees of Canadian companies.

Canada Prime Minister Mark CarneyPAP/EPA – Neil Hall

Announcement of the creation of a special fund

Earlier on Wednesday, Carney, who as part of the election campaign before the parliamentary elections announced on April 28 met with employees of the automotive sector at Windsor in Ontario, near the US border, announced the creation of a special fund in the amount of $ 2 billion of Canadian dollars.

This is to be a “strategic response fund” for the sector, which will serve to increase the competitiveness of Canadian manufacturers of car and cars, it is also to support employee education, protect jobs and help build a “strengthened Canadian supply chain”.

Carney said that Canadian automotive production “in Nowy Świat will be an advantage” and “will help us protect us from President Trump's commercial threats and help economic growth.” He has the X Carney platform wrote that “we will build a Canadian automotive production network. It will operate thanks to Canadian employees using Canadian steel, aluminum and critical minerals.”

About half of the US cars are imported cars

According to the data of the Tradeimex portal, the largest car exporter to the USA is Mexico, which is responsible for almost 25 percent of the cars imported there and which, like Canada (13 percent), has a factory of American car manufacturers on its territory.

In the next places they are Japan (18.6 percent), South Korea (17.3 percent). The largest exporters from European countries are Germany, Great BritainSlovakia, Italy and Sweden.

Poland is not a significant source of imported ready -made cars, but exports a large number of parts and accessories, whose value in 2024 amounted to $ 311 million.

At the beginning of March, Trump decided to delay the entry into force of cars and parts from Mexico and Canada at the request of American automotive concerns, which warned that the duties would significantly raise both the cost of car production – because during the production of parts they repeatedly exceed the border – and American consumers.

Economists predicted that only the customs duties to Canada and Mexico can raise cars prices by up to $ 12,000. According to CBS television, about half of the US cars are imported cars.

Source of the main photo: Francis Chung/PAP/EPA



Source link

More articles

- Advertisement -

Latest article