World rejection of tariffs in automotive industry

Montreal The decision of the United States Government to impose 25 percent tariffs on car imports received a waterfall of negative grades from governments throughout the world, from allies to partners, which one of their main engines have in the automotive industry.

In addition to the European Union, Canada, Japan and Brazil were some of the countries that reacted to the measure without detailing how they will respond commercially.

Canada’s Prime Minister Mark Carney declared that the measure is a direct attack To the Canadian workers, while accused of the American president, Donald Trump, of betray our commercial agreementel T-MEC.

In the same sense, the president of the European Commission, Ursula von der Leyen, lamented deeply The United States decision and said the block will continue to seek negotiated solutions.

As I said, tariffs are taxes, bad for business, worse for consumers, both in the United States and in the European Unionhe said.

Last Thursday, the European Commission announced that it would delay two weeks, until mid -April, the entry into force of its countermeasures aimed at US products in response to tariffs of 25 percent decided by Trump about steel and aluminum, in order to give more time to a negotiated solution.

For his part, Japanese Prime Minister, Shigeru Ihiba, said his government studies appropriate measures In response to the 25 percent tariff to imported vehicles, he said that all options are on the table.

The Brazilian president, Luiz Inacio Lula da Silva, said that his country cannot remain still before the Republican tariffs.

We are going to take the actions we consider good for Brazil (…). If he (Trump) is thinking of taxing all that the United States matters, will be harmful to them. Will raise the prices of things and cause inflation that he does not perceiveHe told reporters, at the close of his visit to Tokyo.

Balazo on the foot

The integration of the automotive industry between Mexico and the United States has allowed US companies to maintain relatively low production costs. With a tariff, the prices of vehicles and auto parts will increase, affecting both manufacturers and consumers, said Jorge Martínez Piva, subregional director of the Economic Commission for Latin America and the Caribbean (ECLAC).

One of the immediate potential effects of the imposition of tariffs on the sector would be the increase in products for products for US consumers. In addition, transferring Mexico’s production to the United States is unusable in the short term, due to high labor costs and the complexity of relocating industrial plantsMartínez said.

By Editor

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