US Car Makers Urgently Press Trump to Ease Tariff Heat
(GudangMovies21) -- Supply Lines is a daily bulletin that monitors international commerce. Sign up here . American car manufacturers are making one final attempt to convince the Trump administration about the impending tariffs scheduled for implementation later this week, arguing that taxes imposed on the myriad components sourced internationally could lead to severe consequences for their sector. Ford Motor Co., General Motors Co., and Stellantis NV, which owns Chrysler, are urging the administration to exempt specific inexpensive automotive parts from proposed tariffs. According to sources close to the situation—who declined to be named due to confidentiality reasons—the executives have held talks with the White House, the Commerce Department, and the U.S. Trade Representative’s office regarding these exclusions. President Donald Trump’s tariffs, designed to strengthen the U.S. auto sector, could have widespread impacts on American automakers who have pro...