Canadian Energy and Resources Minister Jonathan Wilkinson on relations with the United States and business talks between Prime Minister Trudeau and President Donald Trump.
President Donald Trump During the weekend, planned tariffs for imports from Canada, Mexico and China have announced that they could affect automakers.
Trump's executive order sought to bring up to 25 % of import tariffs from Canada and Mexico and 10 % of import taxes from China on Tuesday.
Trump said on Monday that it would do Pause tariff In Mexico, for a month after the president, Claudia Shinboum agreed to send 10,000 troops to the US and Mexico border. Foreign Minister Marco Rubio, the Treasury Minister, Scott Bosent and Howard Luttenik's Minister of Commerce are negotiating with Mexico's high -level representatives, Trump said.
President Donald Trump said Monday that Mexico's President Claudia Shinboum will pause Mexico's tariffs for a month to send 10,000 troops to the United States and Mexico. (Emmanuel Rosas/Obturadormx/Getty Images | Allison Robbert-Pool/Getty Images/Getty Images)
Stocks drown on Monday after Trump's tariffs in Canada, Mexico and China
What car makers say
Matt Blunt, Chairman of the US Automotive Policy Council, whose members include Ford, General Motors And Stonenetiz, in a statement Monday, told Fox Business that the association “continues (s) to believe that vehicles and parts conform to the agreement (US and Mexico-Canada) are accurate internal content requirements And the USMCA area should be exempt from the tariff.
“Our US carmakers, who have invested billions of dollars in the United States to meet these requirements, should not compete with tariffs that increase the cost of vehicles in the United States and Stymie's investment in US labor force Become, weaken. ”
A General Motors worker was shown on February 21, 2020 in Lanceing, Michigan on the assembly line at the Assembly Factory in General Motors Lansing Delta Township. (Bill Pogliano / Getty Pictures / Giti Pictures)
The alliance for car innovation returned the Fox Business request for comment. Toyota refused to comment.
China threatens to retaliate against Trump's tariffs
Autos Drive America considers dozens of international automakers among its members including Honda, BMW, Hyundai, Mazda, Mercedes -Benz, Nissan, Volkswagen and others.
Vehicles for sale at Honda Autonation Dealers at Fremont, California, June 24, 2024. (David Paul Morris / Bloomberg via Getty Images / Getty Images)
“The North American automobile industry is very unified and the imposition of tariffs will be harmful to American jobs, investments and consumers,” said Jennifer Safavi, CEO of Autos Drive America.
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“We call on all parties to quickly get clear to provide clarity and stability to the entire US automotive industry,” he said. “US automakers can better with policies that reduce manufacturers' barriers, regulations that prevent production, and more export opportunities – policies we are looking forward to cooperating with President Trump to approve . ”