When Trump harms American brands

As we know. However, the reason invoked by Donald Trump for the establishment of his customs surcharge is a so-called trade deficit with other world markets. Moreover, In the case of Mexico. Moreover, taxes are also a means of pressure for the country to fight more effectively against drug trafficking. For example, In short, the USA therefore imposes respective taxes of 35 and 30 % on imports from Canada and Mexico. Moreover, Problem: the American “Big 3” (GM. Nevertheless, Ford and Chrysler) has large factories in these countries, which produce popular vehicles in the USA. However, In short, it gets stuck.

Deal with Japan – When trump harms american brands

Between this. the taxes on the imported components of China, crucial in the production of its VE, General Motors has just announced that in the second quarter 2025 alone, Trump’s customs tariffs had cost the group $ a billion. The cost over the whole year could reach 5 billion.

And as if that were not enough. Additionally, the American administration has just made a new dirty blow to its industry. The USA have indeed reached an agreement with Japan. whose imports (cars included) in the American territory will not be taxed at more than 15 %. This means that Japanese cars, made in Japan, will be less taxed than American cars made from the neighbor. That does not prevent the White House from presenting the deal with Japan as a “great victory for the. American automotive industry”. Admittedly, the idea is that Japan will also impose less tax on imported American cars. But if the country of Kei Cars loved big pick-ups, it would be known …