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LEAR CEO claimed Trump’s new policy is blurred making the industry at a loss

LEAR CEO claimed Trump’s new policy is blurred making the industry at a loss

 

Although US President Trump and the top manufacturers ( includes three major car manufacturers in Detroit ) had a meeting. But after the meeting, the decisions of parts supplier still remain obscure. The three major car suppliers have come to power to express their demands to the Trump government at the meeting at Detroit Economic Club on 14th, Feb. 2017.
 

CEO of LEAR Matt Simoncini said that the Trump government now has a border tax policy but the definition of “imported goods” is ambiguous, so that major suppliers cannot make judgments on Resource planning and central layout.
 

Simoncini said that if the provision of specific content can’t be provided then the major companies will be caught off guard under the time and unable to respond. There are still many projects to be launched in the US border line, such as "making a wall order" at the border, which is too sudden for the whole industry, and we are not ready at all.
 

"Infrastructure investment will often drive the demand for light trucks and trucks," he said, adding that it is necessary to set aside capacity adjustments for the automotive industry to prevent competition.