According to the Reuters news agency, the US President introduced a 30-day delay in goods related to the production of vehicles and fits into the framework of the North American Free Trade Zone (NAFTA). It is expected that the “trade war” will lead to the rise in price of cars in the American market.
Donald Trump decided on a monthly postponement after negotiations with the leaders of the Ford, General Motors and Stellantis concerns. American automakers supported the idea of introducing duties, but stated that they want to see more certainty in the country’s tariff policy.
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In addition to the “Big Detroit Troika”, the deferment of the US President applies to Honda and Toyota. According to NAFTA requirements, in order to avoid barrage duties, cars should consist of at least 75 percent of the spare parts of the North American production.
Experts predict that customs duties will lead to an increase in cars for cars in the United States in the amount of three to seven thousand dollars. It is expected that the rise in price will lead to a decrease in activity in the market, and manufacturers will be forced to increase the costs of re -equipping production sites.
In October last year, the leadership of the PRC advised its automobile companies to abandon investment in the European Union countries. Such a decision of the authorities made in response to EU plans to introduce barriers.
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