Detroit Three automakers say deal that cuts tariffs on imports from Japan but not on imports of Japanese vehicles built in North America is a ‘bad deal for US industry and US auto workers’.

When you think about what US automakers are facing in Trump tariffs:

  • 50% steel tariffs
  • 50% aluminum tariffs
  • 50% copper tariffs
  • 25% Canada tariffs
  • 25% Mexico tariffs
  • what have I missed?

its not difficult to see why they view 15% for Japan as a bad deal for them.

Trump Bessent Lutnick
Source: Forex Live