The president of the United States, Donald Trump, meets with the president of El Salvador, Nayib Bukele (not in the photo) in the Oval Office of the White House in Washington, DC, on April 14, 2025.
Kevin Lamarque | Reuters
Detroit – The actions of automobile manufacturers jumped the midday duration on Monday after President Donald Trump saying he is looking for “helping some of the automotive companies.”
Automobile manufacturers “need a little time” to transfer their production to the United States, Trump said the duration is a meeting on Monday with Salvadoran President Nayib Bukele in the Oval office.
“I am looking for something to help some of the automobile partners, where they change to parts that were made in Canada, Mexico and other places, and need a little time because they will do them,” Saint from Trump. “But they need a little time, so I’m talking about things like that.”
Comments pushed actions such as Ford motor” General Motors and Chrysler’s father Stellantis Higher, balanced from negative or negative levels and rise between 1% and 4%. Actions or Rivian Automotive 3%also rose, while shares or Tesla They were turned off at approximately 2%.
Part of car manufacturers such as Toyota motor and Honda engine They rose less than 2%.
Trump’s comments occur after implementing automotive tariffs in imported vehicles or 25% on April 3.
Despite reducing tariffs in most countries last week and giving technology companies such as Apple Exemptions of the taxes on the weekend, automotive tariffs have remained in force.
Automobile manufacturers have responded to tariffs in several ways. Manufacturers that are mostly national, such as Ford and Stellantis, have announced temporary agreements for employee prices, while others, such as the British manufacturer Jaguar Land Rover, have ceased US shipments. Hyundai Motor has also said that it would not raise prices for at least two months to relieve consumer conerns.