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The French group PSE Peugeot Citroën plans to abandon its plan to return to the United States and turn to Canada if Washington threatened to impose 25% more on imported cars.
"The rates will be reflected in the timing of our return to the US market and the cost of this project," said Larry Domenech, head of the North American group in Detroit, Michigan.
The president of PSA, which produces Peugeot, Citroën, DS and Opel / Vauxhall Carlos Tavares, announced in 2016 that the group plans to return to the United States in 2026 after leaving the country in 1991.
Tavares then unveiled a ten-year project in three stages: the first is to develop transportation services, then supply cars to the group of operators and, if successful, sell cars to US consumers.
PSA hopes to start carpooling in one or two American cities this year.
But Dominique warned that Trump's threats of imposing an additional 25% duty on imported cars and parts could prevent the implementation of projects.
On the other hand, a new free trade agreement between Canada and the European Union providing for the free entry of European cars into the Canadian market could encourage the group to move its project to Ottawa.
Read also: Canada responds to the US $ 16.6 billion decision
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