Various automakers criticize import rights VS | NOW



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The South Korean and German car companies also produce cars in the United States and claim that the jobs in question are threatened by the trade sanctions of US President Donald Trump.

Hyundai called these accusations "devastating" for society and for its US operations. Additional investments are also under pressure. BMW pointed out that its investment of $ 9 billion (about 7.7 billion euros) in a BMW factory in the United States is good for 120,000 jobs in all areas.

Friday, General Motors (GM) announced the largest US automaker, has already criticized the charges. According to GM, they may result in retaliation by other countries and job losses at GM in the US market.

GM's criticism is remarkable, as Mary Barra's preoccupation is usually about politics and negotiations with Washington. leave to the lobbyists. Analysts see the statements as evidence of the seriousness of the situation for GM

Peter Navarro, a major commercial adviser to Trump, however, misnamed GM's words. Trump would feel betrayed by GM and motorcycle maker Harley-Davidson, who earlier said to relocate production abroad because of the charges, because the president had helped them with tax cuts [19659006] [ad_2]
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