Amid Trump’s China commerce struggle, auto execs controlling what they will
President Donald Trump meets with CEO of Common Motors Mary Barra (L), CEO of Fiat Chrysler Cars Sergio Marchionne (2nd R) and Fiat Chrysler Head of Exterior Affairs Shane Karr (R) within the Roosevelt Room of the White Home on January 24, 2017 in Washington, DC.
Shawn Thew | Pool | Getty Photographs
LOS ANGELES – Following President Donald Trump’s feedback about probably delaying a new trade deal with China till after the 2020 election, the automotive trade is not anticipated to make any knee-jerk reactions.
A number of auto executives during the L.A. Auto Show final month informed CNBC that they’re controlling what they will in relation to the Trump administration’s commerce struggle with China, tariffs and different political and regulatory uncertainties. That features evaluating and understanding potential penalties, whereas additionally persevering with to function their companies as traditional.
“To be sincere, I do not actually fear a lot as a result of I am unable to affect it,” stated Daniel Weissland, president of Audi of…