On Tuesday, April 29, President Donald Trump signed two executive orders that reverse course on some of the tariffs imposed on imported cars and car parts.
Read the latest statement from MichAuto Executive Director Glenn Stevens Jr. on the changes below.
“MichAuto is pleased with the decision to prevent duties on foreign-made cars from stacking on top of other tariffs already in place, and at least easing some levies on foreign parts used to manufacture cars in the U.S. Simplifying or reducing overlapping and outdated tariffs is a meaningful step toward alleviating the persistent cost pressures manufacturers in Michigan and across the country faced. We also applaud the White House’s decision to recognize the vital role that USMCA-compliant parts play in the interconnected supply chains between the U.S., Canada, and Mexico.
As MichAuto has advocated since these tariffs were first announced and communicated in our March 31 letter to the Trump administration, the automotive and mobility industry needs clear lines of sight on costs and reliable supply chains to remain globally competitive. Relief from these stacked duties would offer some of that much-needed clarity and help preserve the industry’s global competitiveness at a time of critical transition and investment. MichAuto continues to believe that an ideal outcome is an accelerated renegotiation of the USMCA to further position America and our North American strategic partners as strong competitors to China and its violations of intellectual property, over-capacity, and unfair trade practices.”
– Glenn Stevens Jr., Executive Director, MichAuto at the Detroit Regional