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Trump to Meet With Auto Industry Leaders During Detroit Visit on Wednesday

Sputnik International

US President Donald Trump will discuss outsourcing of automobile industry jobs with CEOs of the sector's leading companies during his trip to Detroit, Michigan... 13.03.2017, Sputnik International

2017-03-13T19:34+0000

2022-08-06T11:35+0000

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Trump to Meet With Auto Industry Leaders During Detroit Visit on Wednesday

19:34 GMT 13.03.2017 (Updated: 11:35 GMT 06.08.2022)

© REUTERS / Carlos Barria/File PhotoU.S. President-elect Donald Trump talks to members of the media as retired U.S. Army Lieutenant General Michael Flynn stands next to him at Mar-a-Lago estate in Palm Beach, Florida, U.S., December 21, 2016

U.S. President-elect Donald Trump talks to members of the media as retired U.S. Army Lieutenant General Michael Flynn stands next to him at Mar-a-Lago estate in Palm Beach, Florida, U.S., December 21, 2016 - Sputnik International

US President Donald Trump will discuss outsourcing of automobile industry jobs with CEOs of the sector's leading companies during his trip to Detroit, Michigan later this week, White House Press Secretary Sean Spicer said in a briefing on Monday.

WASHINGTON (Sputnik) — Trump will visit Detroit for a trip focusing on job creation and automobile manufacturing on Wednesday, Spicer said.

"He [Trump] will meet with auto executives, and workers, and manufacturing suppliers highlighting a need to eliminate burdensome regulations that needlessly hinder meaningful job growth."

A carrier transports Toyota vehicles including the new Prius hybrid vehicles near the Toyota Motor Corp. Tsutsumi Plant in the town of Toyota, Japan's Aichi Prefecture - Sputnik International

Asia

Japan Taking Over US Car Market Despite TPP Failure

19 February 2017, 14:18 GMT

Trump has widely criticized US automakers for manufacturing cars abroad, which he claimed led to loss of factories and jobs. The US president promised to penalize companies that have either moved to other countries or plan to do so in the near future by imposing higher taxes on them.

In January, General Motors, a manufacturer that builds large number of its vehicles in Ramos, Mexico, announced its $1 billion investment plans for the United States that included adding 1,500 jobs. The company was joined by Korean car manufacturers Hyundai and Kia in unveiling plans to invest $3 billion in the United States in the next five years.