Trump imposes tariffs to attract public anger, and Li Shufu declares for the first time that consumers are “injured”.

In recent days, Trump’s renewed threat to impose tariffs on Chinese imports has made the Sino-U.S. trade turmoil, which has been slowing down, re-emerge. As the world's two largest economies, Trump, who is president of the United States, once again played The role of the "black swan" has caused many parties including the automobile industry to collectively give a "buzz."

Recently, the U.S. government announced on June 15 that it will levy a tariff of 25% on goods valued at about 50 billion U.S. dollars imported from China, of which about 34 billion U.S. dollars will be imposed since July 6. Another 16 billion U.S. dollars will be reviewed and publicized. After the collection of tariffs.

In response, the Chinese government quickly responded by responding to the introduction of tariffs of the same scale for soybeans, aircraft, and automobiles in the United States. Afterwards, the Trump administration once again remarked that if China continues to impose tariffs on the United States, it will consider introducing another 200 billion U.S. dollars of import tariffs. In response, the Ministry of Commerce of China uttered vociferous accusations that the US launched a trade war, and stated that if the US loses its rationality and publishes a list, China will have to adopt a combination of quantitative and quality measures to make a strong "countermeasure."

The Automotive Headliner App noted that Trump, which has been unilaterally pursuing unilateralism and trade protection policies while ignoring the current global economic globalization trend, has caused public outrage this time, and it has proclaimed a trade war to protect the interests of American companies and the people’s employment. It was the first to be condemned by the people.

Harley-Davidson, who has been rapturous with the U.S. government and expressed on June 25, will adjust some of its overseas production to avoid potential tariffs of up to 100 million U.S. dollars. CNBC analyzed Thomson Reuters data and Harley-Davidson’s cost expectation because it The general government’s trade war will allow the European Union to impose punitive tariffs, which will cause the company’s profits to drop by 5%-8% this year.

It was claimed that Trump had to “put a rock on his feet” for the sake of a tariff war for the interests of American companies, and was first denounced by domestic companies, which naturally made the American president angry.

The Car Headline App notes that following Harley-Davidson's statement, Trump made six tweets "reproved" Harley-Davidson's decision, saying, "For them, I fought my life so that they could finally get products without paying customs duties. Sold to the European Union. Tariffs are just an excuse for Halley - you have to be patient."

However, it is clear that Domino’s dominoes have “pulled down” and there are more “Harley” expressing their dissatisfaction. According to a Reuters report, on the same day, the two major automakers associations of the United States also “warned” the Trump administration that imposing tariffs as high as 25% on imported cars will lead to the unemployment of hundreds of thousands of auto workers in the United States, drastically increasing car prices, and damaging auto manufacturing. Business and the interests of American consumers.

According to the association’s spokesperson, the biggest threat to the US auto industry today is that the U.S. government may impose high tariffs on imported products. These tariffs will increase the purchase price of American consumers, limit their choices, and curb sales and U.S. car production.

According to Xinhua News Agency reported on June 27, the Trump administration had previously imposed tariffs on imported steel and Aluminum Products under the “Section 232” and on national security grounds, and launched the “232 investigation” on imported automobiles and spare parts. Wide opposition to the United States and the international community. More than 270 national and local business organizations in the United States have also issued a joint letter a few days ago to support the Congress’s passage of legislation restricting the president’s power to impose tariffs based on national security.

At the same time, according to Bloomberg News, Li Shufu, chairman of Geely Holding Group, made a statement on the US’s intention to raise import tariffs at an event in Hong Kong. He pointed out that for Chinese auto companies, the United States would increase import tariffs. The bad thing is that "low tariffs will ensure global integration and ultimately benefit consumers. (High tariffs will be imposed on them. Ultimately, consumers will be hurt because they must pay extra to buy cars.)

The Automotive Headline App notes that Volvo Cars, a wholly-owned Merger and Acquisition of Geely Group, has just realized the global capacity distribution of China, the United States and Europe. Just last week, its first US plant invested US$ 1.1 billion to settle in South Carolina. Charleston.

As the first automaker to export luxury cars from mature markets in China to developed countries in Europe and America, Volvo started exporting Chinese-made cars to the United States as early as 2015.

In May 2015, S60 Inscription produced by Volvo Car Chengdu Plant was exported to the US; in April 2017, the S90 produced by Volvo Car Daqing Plant was exported to the United States; in January 2018, the new XC60 produced by Volvo Car Chengdu Plant began exporting to the United States, 1- In May, it exported a total of 13,458 vehicles.

Once Trump increases the tariffs on imported cars, it will directly harm the interests of global car companies including Volvo. Hanken Samuelson, President and Chief Executive Officer of Volvo Car Group, also admitted in an interview with the Car Headline APP that "No doubt (Trump increases tariffs) will affect our ability to export vehicles from China to the United States. There are no plans to compensate for trade restrictions. The loss caused."