Martha Norton, who gave strength to the powers of the General Investment Strategy, discusses the impact of the Tariff Threat of the Tariff in the automotive industry of Donald Trump.
President Donald Trump With the republican members of the Congress, it plans to work with “sharp” cut taxes for individuals and companies.
Trump, FII priority spoke at the Saudi investment summit Miami, Florida, On Wednesday, when he discloses his plans for “the largest tax reduction in American history.”
“We have no taxes for families and employees and taxes for companies, including taxes, hopefully social security and working hours.”
The President saw 100% of the construction of a new factory in the United States and tax discounts, including tax reduction for oil and gas producers.
It says that Trump will present 25% tariffs in autos, pharmaceuticals and chips
West Palm Beach, Florida – November 6: President Nominee, Former US President Donald Trump, 06, 2024 in November 6, 2024 in the Florida Center in Palm Beach Convension in the center of Palm Beach. America (Chip Somodevilla / Getty Images / Getty Images)
Trump's plan calls on cars, semicondists, pharmaceuticals, pharmaceuticals, pharmacy and wood, which said the president would announce the next month or so.
“We will refund our enterprises. If they do not make their products in America, they have to pay a farther,” he said. “However, if they make products in America, they do not have to pay a tariff that will bring … All will bring the trillions of dollars to our treasure or almost no tax will be …”
Trump's “25% neighborhood” or semiconductors and pharmacy imports said he planned to apply similar tariffs.
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Health, recipe pills Prices for US dollars (ITOK / ISTOCK)
On Friday, auto tariffs said they could come to April 2, and a day will be completed after being investigated by the management of choices for a number of import taxes.
The president has been criticized that the United States has called on US autosalas in foreign markets for a long time.
For example, the European Union collects 10% tariff to imports of vehicles, which accounted for 2.5% of the US passenger car tariffs. However, the United States collects 25% tariffs in a policy that helps us to have a profitable segment from other countries and apple cars other than the universes.
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Toledo, OH – May 7: An employee, Toledo, Ohio, 7 May 2014 in Chrysler Toledo North Assembly plant provides a suspension for the 2014 Jeep Cherokee. Fiat Chrysler Automobiles announced that Jeep wanted to turn into a global brand as part of an ageng (Bill Pugliano / Getty Images / Getty Images)
On Tuesday, Trump, Florida on the Pharmaceutical in the MAR-A-Lago property and Semiconductor chips “25% or higher” will start and will increase significantly within the year.
Trump did not show a date to announce these tasks and said he wanted to build US factories for drugs and chipmakers and to prevent tariffs to prevent tariffs. He also expects some of the world's largest companies to announce new investments in the next few weeks, although it was not more detailed.
After starting the office on January 20, Trump applied 10% tariffs Import from China On the current tariffs due to the role of Fentanyl trade.
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Trump, 25% of the goods from Mexico and non-energy imports from Canada, Canada oil and gas more than 10% lower than 10%. These tariffs postponed at least two countries to the beginning of the early country border security actions.
Fox work 'Eric Revell contributed to this report.
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