Wednesday, January 25, 2017

Trump promises to relax regulations to automotive – The Economist

Donald Trump, urged the top executives of General Motors, Ford Motor and Fiat Chrysler to increase production of vehicles in the US and boost employment in the country, relocalizando jobs that are in Mexico.

Donald Trump held a meeting with executives of automakers GM, Ford and Fiat Chrysler. Photo: Reuters

The us president, Donald Trump urged the top executives of General Motors, Ford Motor and Fiat Chrysler to increase production of vehicles in the united States and boost employment in the country, relocalizando jobs that are in Mexico, I promised to relax the environmental regulation of automotive.

Trump, who has threatened to impose a tariff of 35% on cars imported, received at the White House to the ceos of GM, Mary Barra; Ford, Mark Fields; and of Fiat Chrysler, Sergio Marchionne, who said he wants to see that build new plants of automobiles in the united States.

"We have a very strong impetus to have plants and other plants, many other plants," he said to journalists at the beginning of the meeting.

The republican offered to transform the united States into the country more hospitable for domestic and foreign investment, eliminating environmental regulations, and simplifying the process to obtain permissions.

"we’re making the process more simple for the automotive industry, for all others who want to do business in the united States," said the president, speaking to reporters before the start of the meeting to closed gate.

The representative said that there are investors who want to build in the united States and have waited many years to obtain the environmental permits "for something that no one has heard before, is absolutely insane."

"I am largely an environmentalist, believe me, but (the regulations) are somewhat out of control and we’re going to make the process is very short," he said.

This was the first meeting of the ceos of the big three automotive with a representative of the united States, since they did in July 2011 with Barack Obama to promote an agreement in order to increase the fuel efficiency standards to 54.5 miles per gallon by 2025.

In coincidence with the meeting of Tuesday, Toyota Motor said it would add 400 jobs and invest $ 600 million in its plant in Indiana, to increase its production of utility vehicles.

Revive pipelines

on the other hand, the new president of the united States revived this Tuesday, two controversial pipelines whose construction had been abandoned by the government of Barack Obama in the name of the fight against climate change.

it Is Keystone XL pipeline, which she carried crude oil from Canada to refineries in the united States, and the Dakota Access, that would cross indigenous territory in North Dakota.

according To Trump, the project represents "a lot of jobs. Will be 28,000 jobs," he said. "I insist that if we are going to build pipelines, which the pipelines are built in the united States".

Trump decreed also the period of review of the environmental impact for infrastructure works deemed to be of high priority.

The government of Canada welcomed the executive order Trump. The canadian minister of Natural Resources, Jim Carr, said the announcement is positive for Canada, because it will generate around 4,500 jobs and deepen the relationship energy.

"Trump should reconsider stance-commercial"

EU should open up trade with China, not rehuirle: president of FedEx

The president of the united States, Donald Trump, should reconsider its position on the international trade and accepting of China and its vast market, said Tuesday the president and ceo of FedEx, Fred Smith, a day after the president left the trans-Pacific Partnership Agreement (TPP).

"I Would ask that you rethink some of these positions," said Smith, founder of the parcel service global FedEx, in an interview with the program This Morning on CBS.

The choice of Trump to end the TPP came at a time in which the influence of China in the region is growing.

Smith, who met with Trump in New York after its electoral victory of November, urged the president to reconsider his stance toward the asian power despite the historic protectionism chinese.

"The positions of the government are a little out of date with the reality of China today. They want to open up their markets today," said Smith on CBS.

he Added that the sales team of Trump —the secretary of Commerce-designate, Wilbur Ross, the Trade representative Robert Lighthizer, and the director of the National Council of Commerce, the White House, Peter Navarro— should work to "open up trade with China, not rehuirlo". (Reuters)

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