US car industry criticizes Trump’s deal with Great Britain

The trade pact of US President Donald Trump with Great Britain is poorly received by the US car industry. The reason is the reduction in import duties for 100,000 British cars from 25 to ten percent.

This would prefer manufacturers from Great Britain to their own industry, criticized the AAPC industry association. He represents the big three US carmakers: Ford, General Motors and the Stellantis group with brands such as Jeep and Dodge.

Trump’s government had imposed tariffs of 25 percent for imported vehicles and components. The US manufacturers produce some car models in Mexico and Canada and also obtain parts from there for production in the USA. A large part of it is initially excluded from the tariffs as long as the requirements of the USMCA free trade agreement are observed.

Association sees damage to the US industry

Over time, however, the foreign components of USMCA-compliant import vehicles with an inch of 25 percent should also be occupied. With the trading pact, it will be cheaper to bring a British car to the USA when a vehicle from Canada or Mexico, which is half of US parts, criticized the association. The shame of American manufacturers, suppliers and employees.

Trump’s Minister of Commerce Howard Lutnick had argued that 100,000 vehicles only made a small part of the US car market-but for British manufacturers such as Rolls-Royce, Bentley and Jaguar Land Rover were a relevant amount.