Stock Market News

Trump says he would charge Stellantis 100% tariff if it moves jobs to Mexico

2024.11.01 18:11

WARREN, Michigan (Reuters) – Republican presidential candidate Donald Trump said on Friday that if he is elected he would put a 100% tariff on Stellantis (NYSE:) if the automaker tried moving jobs from the U.S. to Mexico.

© Reuters. Republican presidential nominee and former U.S. President Donald Trump attends his campaign rally at Macomb Community College in Warren, Michigan, U.S., November 1, 2024. REUTERS/Brian Snyder     TPX IMAGES OF THE DAY

He was speaking at a rally in the battleground state of Michigan where another speaker said the company was sending vehicles made by Chrysler, which is owned by Stellantis, to Mexico.

“Tell Stellantis that if they plan on moving we’re going to charge them a 100% tariff on every car … and they won’t move,” Trump said.



Source link

Related Articles

Back to top button