Trump signs the executive order to walk on the return of some automatic definitions

Administration officials said President Trump signed an executive order on Tuesday, which would return to some customs tariffs of auto manufacturers, and officials said for some of the fees in which Ford, Granur Motors and others complained about the manufacture of the United States by raising the cost of production and pressing their profits.

Officials in a call with reporters said on Tuesday that the changes will change the tariff of Mr. Trump so that car makers who pay a 25 percent tariff will not be subject to car imports to other fees, for example on steel and aluminum.

Car makers will also be able to qualify for a tariff for a percentage of the cost of their imported components, although these benefits will be disposed of during the next two years.

Speaking on Tuesday before leaving the White House, Mr. Trump said that the administration wants to help car manufacturers “enjoy this small transition, in the short term.”

“If they cannot get spare parts, we do not want to punish them,” he said.

The decision to reduce the scope of definitions is the last sign that the Trump administration’s decision to impose harsh fees on almost all commercial partners create chaos and the economic uncertainty of American companies. But even with the announcement of concessions on Tuesday, management policies will add thousands of dollars to car prices and expose financial health to automobile companies and their suppliers.

On Tuesday, General Motors abandoned previous expectations of significant profit growth this year as a result of the uncertainty that Mr. Trump’s commercial policies have established. The car maker, who sells more vehicles in the United States more than any other company, said that any profit prediction will be “guess.”

“It is not possible to rely on the previous guidance,” Paul Jacobson, General Motors Financial Director, said during a phone call with the reporters.

The auto company has also postponed a group call with financial analysts to discuss its results in the first quarter, noting the expected change of the Trump administration to the customs tariff policy. The company will now hold the call on Thursday.

This comes on the same day that Mr. Trump is scheduled to fly to Michigan, who is home to the largest car manufacturer in America, for a speech that represents 100 days in his position.

The auto companies welcomed any relaxation in the definitions, which they said will raise the prices of cars, cause lower sales and threaten their financial capabilities. However, the steps will be left in place 25 percent on the imported vehicles that entered into force on April 3, and a tariff on the auto parts that will enter into force on Saturday. This will continue to raise the prices of new and used cars in thousands of dollars and increase the cost of reforms and insurance installments.

This step comes just weeks after the administration Exempt smartphones, computers, semi -conductors and other electronic devices By punishing Chinese definitions due to companies such as Apple that import taxes may cause high US consumer prices.

On Tuesday, Howard Lootnick, the Trade Secretary, said that the changes stem from direct talks with local auto manufacturers, and that the administration was “in constant contact” with companies to analyze its business and ensure that they obtained the policy completely correctly.

“Donald Trump and his chairmanship will re -manufacture local cars,” said Mr. Lootnick.

Analysts said this policy will provide car providers with some relief, but car manufacturers will still have a significant financial impact on the Trump administration tariff.

An official at the Ministry of Commerce said in a call with correspondents on Tuesday that next year, auto companies will receive a 25 percent exempting of the collective tariffs on imported auto parts equal to 15 percent of the retail price of the car. In the second year, the exemption will be offered by 10 percent of the retail price of the car, but it will disappear in the third year.

With auto parts definitions compensation, for example, analysts in Barclays that a $ 50,000 car can contain parts worth $ 1875 not subject to tariffs during the first year.

Liny Laoka, a leader of the American automatic manufacturer at the KPMG consulting company, said the exemption buys car makers for some time. “It gives them a little time to plan what their strategy can be.”

But car manufacturers and suppliers say that three years are not enough time to reorganize their manufacturing operations. Even if they do so, they will not be able to make many ingredients at a cheap price in the United States as they do elsewhere, which will lead to high prices.

The latest bases also leave an exemption for the parts imported from Canada and Mexico in line with a treaty that Mr. Trump negotiated during his first term. Both countries are major suppliers for the American auto industry.

Even US -made cars usually use much more imported parts than they will be covered with exemption. Most cars also have components of Japan, South Korea or China that will be subject to definitions.

Barclays analysts said in a report on Tuesday.

Auto industry companies will continue in another tariff, for example the 2.5 percent tariff that is usually paid on imported cars. The administration has not yet announced the text of the executive order, and many other details are still unclear.

Car makers will continue to pay drivers on steel and aluminum indirectly. Their suppliers did not have an exemption and will pass the costs of duties for their customers, automobile companies.

“Relief today does not determine the long -term challenge,” analysts in Bernstein said in a memo on Tuesday. “American car prices are heading up and economic momentum fades.”

However, car executive officials expressed his gratitude because Mr. Trump treated at least some of their concerns. In a statement on Monday, Mary T. said. Para, CEO of General Motors, the company estimated “productive talks with the president and his administration.”

She said: “The president’s leadership helps to settle the field of playing for companies such as General Motors and allowing us to invest more in the American economy.”

“Stelantis estimates the identification relief measures decided by President Trump,” John Elcan, the president of the company that owns Dodge, Jeep, Ramer and Kresler said in a statement. “While we also evaluate the impact of customs tariff policies on our operations in North America, we are looking forward to our continuous cooperation with the American administration to enhance the American competitive car industry and stimulate exports.”

Executive officials also hinted that they hope that the talks with administration officials will continue to lead to more privileges. “We will continue to work closely with the administration to support the president’s vision for the healthy and growing auto industry in America,” Ford CEO, Jim Farley, said in a statement.

The exemption has been partially designed by Mr. Lootnick, who has She played a role In securing profitable exemptions for some industries in recent months. In a statement on Monday, Mr. Lootnick described the deal as a “great victory for the president’s commercial policy.”

Mr. Lootnick said that this arrangement rewards companies “who are manufactured locally, while providing a runway for manufacturers who expressed their commitment to investing in America and expanding their local manufacturing.”

Neil e. Bodite The reports contributed.