Tariff Uncertainty Taxes Automotive industry

Jonathon azzopardi, President of the manufacturer of car parts Laval toolOnly 4 miles from Detroch, Windsor, Ontario, Ontario, Ontario may seem clear along the Canadian border in the United States. This week, this look began to look more expensive.

Sunday, President Donald Trump Said to be placed in placing 25 percent of the United States tariffs Throughout the borders of Canada and Mexico, over the goods brought to the surprising reverse of free trade throughout North America. Both people threatened to retaliate with their tariffs. Then, a minute in the last minute: Monday, Trump said that the tariffs are pledged to increase the border security of both people. The President also suggested that Canada can prevent tariffs with transformation into the 51st state.

If a 25 percent tariff was combined with the revenge tariffs from Canada, if the company adds close-barriers to the company, some of them crossed the United States seven times during production.

Even with the break, the future is still confused and scary.

“Uncertainty is actually a bit bad because we do not know what will happen,” he says azopardi.

The difficulty of the company demonstrates many many difficulties in the automatic work, because the trump administration’s scattershot and threatening approaches, the vehicle that leads to vehicles that produce vehicles every day in danger.

In an example of the laval tool, the United States comes from steel pensylvania and eventually turns us back to car parts, then a car component in Canada, then a car component, then added to other components in a certain order Used as a title sent back to the United States to make.

Tariffs in Canada and Mexico, according to the consultant AlixPartners, can affect $ 225 billion for $ 225 billion. A quarter of 16 million vehicles sold in the United States comes from Canada or Mexico.

According to S & P Global Mobility, tariffs may also cost a new vehicle price for up to $ 6,250. Firms will have to decide whether they can carry themselves and can be higher than higher prices.

Tariff Pause does not mean that the headache of the automotive industry is over. Analysts say the producers responded to the border on the border at the border at the border and the border at the border of the border during their presence. Companies on the other side of the border reacts to the flow of orders to work before work work and work premature work and work.

These products are quickly more expensive than moving the goods to the United States, as many companies are moving, because in the West Michigan city of West Michigan, GRand Valley State University, Economy at the University of Economics. Based on automatic suppliers and cars. Then keep the maintenance of additional inventory saves costs. Local companies in the United States are also recruited.