Trump’s plan to make European cars more expensive has a fatal defect

President Trump wants the Americans to buy fewer European cars and Europeans to buy more American cars. To accelerate his dream of pipelines, on Sunday night he said that the new customs tariff for European Union companies “will definitely happen.” (Those who were on Mexico and Canada were Stay now. A threat of 25 percent of customs tariffs, among other things, can provoke car imports from the European Union a trade war.

The market’s reaction to this could be predicted: European The shares of the auto manufacturer decreased yesterday. Stelantis, Volkswagen 6.8 and 5.6 percent, respectively. Volvo decreased by 6.5 percent, while Mercedes -Benz, BMW and Porsche lost between 3.6 and 4.3 percent.

Despite him Bavarian originTrump has private beef with German cars. in 2018 Report From the German magazine Economic weekTrump told French President Emmanuel Macron that he did not want more Mercedes trading on New York Fifth Street. According to many European and American diplomats who have not been named, Trump also asked Macron about the reason that the Germans purchased very few Chevrolets, but American drivers choose BMWS.

The accuracy of this conversation was confirmed in November last year when former German Chancellor Angela Merkel told the Italian news port Correier Dela Serra Trump was “obsessed with the idea of ​​a lot of German cars in New York.” Perhaps Trump was among them European cars owned by the president It seems that itself includes Mercedes-Benz SLR McLaren, Lamborghini Diablo and Rolls-Royce Silver Cloud.

It is a strange obsession because Mercedes -Benz monitored Trump rolling on the fifth Avenue will be likely to be Made in Alabama. There are Mammoth BMW and Volkswagen factories in the United States, also, building large cars designed for our taste.

Trump has called for car companies abroad from now on their manufacture in the United States, apparently on the fact that since the 1990s, millions of cars have been made in America by European brands – especially from German brands.

Volkswagen said last year that it invests $ 10 billion in the United States, and is divided between the Chatanoja factory and Joint project with EV Rivian maker. South Carolina has the largest BMW collection factory in the world – with 396,000 cars there last year – and it was so successful over 30 years that the CEO of BMW International, Oliver Zeep, recently received. Economic prize From the Republican Governor in the state.

Porsche and Daimler are also in the United States. German auto factories in Alabama, South Carolina, Texas, and other states that lead Trump directly emphasize about 50,000 American workers, with more employees by spare parts suppliers, agency and services centers.

“The distinction between what is an American car and what the German car is nonsense,” Yaqoub KirkgarThe European trade expert at the Peterson Institute for International Economy, which is taken from Washington in Washington, is in Washington.

There is also an increased increase in car brands. Chrysler was purchased, historically, one of the great American auto manufacturers alongside General Motors and Ford, by Fiat Italy, and since 2021, it was part of Amsterdam and its headquarters in Amsterdam Stelantis GroupThat possessed the supposed brands of all Americans Dodge, Jeep and RAM.