Zürcher Nachrichten - US auto union praises some Trump tariffs

EUR -
AED 4.311156
AFN 77.636489
ALL 96.762376
AMD 448.075486
ANG 2.101757
AOA 1076.467814
ARS 1691.307379
AUD 1.765319
AWG 2.113023
AZN 1.995765
BAM 1.957012
BBD 2.363413
BDT 143.398775
BGN 1.956576
BHD 0.442608
BIF 3468.335811
BMD 1.173902
BND 1.515477
BOB 8.10802
BRL 6.361611
BSD 1.173451
BTN 106.117147
BWP 15.547957
BYN 3.459242
BYR 23008.474069
BZD 2.359981
CAD 1.615219
CDF 2629.540122
CHF 0.935324
CLF 0.027335
CLP 1072.360738
CNY 8.281287
CNH 8.268374
COP 4462.704848
CRC 586.978387
CUC 1.173902
CUP 31.108396
CVE 110.333305
CZK 24.296359
DJF 208.963815
DKK 7.469489
DOP 74.598089
DZD 152.34921
EGP 55.748004
ERN 17.608526
ETB 183.350994
FJD 2.646385
FKP 0.87837
GBP 0.877398
GEL 3.168015
GGP 0.87837
GHS 13.470339
GIP 0.87837
GMD 85.694951
GNF 10203.795822
GTQ 8.987526
GYD 245.491979
HKD 9.135204
HNL 30.893784
HRK 7.536565
HTG 153.809151
HUF 385.428305
IDR 19568.941976
ILS 3.771699
IMP 0.87837
INR 106.468133
IQD 1537.151619
IRR 49447.675702
ISK 148.392597
JEP 0.87837
JMD 187.880314
JOD 0.832293
JPY 181.992921
KES 151.362188
KGS 102.658001
KHR 4698.028514
KMF 492.468856
KPW 1056.511197
KRW 1724.391489
KWD 0.360095
KYD 0.977905
KZT 611.978863
LAK 25438.748601
LBP 105079.252384
LKR 362.584469
LRD 207.109099
LSL 19.797156
LTL 3.466226
LVL 0.710081
LYD 6.374082
MAD 10.795283
MDL 19.836365
MGA 5198.328884
MKD 61.588128
MMK 2464.33187
MNT 4162.497413
MOP 9.409325
MRU 46.961273
MUR 53.94083
MVR 18.073775
MWK 2034.803039
MXN 21.112834
MYR 4.802399
MZN 75.023627
NAD 19.797156
NGN 1703.690264
NIO 43.18784
NOK 11.878213
NPR 169.791454
NZD 2.030392
OMR 0.451509
PAB 1.173426
PEN 3.950646
PGK 5.057377
PHP 69.230868
PKR 328.857693
PLN 4.21942
PYG 7882.047472
QAR 4.276529
RON 5.09203
RSD 117.377303
RUB 93.001232
RWF 1707.893694
SAR 4.404708
SBD 9.598703
SCR 17.210089
SDG 706.101355
SEK 10.900253
SGD 1.513523
SHP 0.88073
SLE 28.320366
SLL 24616.136801
SOS 669.428686
SRD 45.251598
STD 24297.395882
STN 24.511521
SVC 10.267356
SYP 12979.458015
SZL 19.790505
THB 36.926833
TJS 10.783676
TMT 4.120395
TND 3.430309
TOP 2.826474
TRY 50.130241
TTD 7.96293
TWD 36.763665
TZS 2914.210694
UAH 49.581051
UGX 4170.581921
USD 1.173902
UYU 46.047919
UZS 14136.75177
VES 313.947987
VND 30899.441553
VUV 142.19194
WST 3.258144
XAF 656.377328
XAG 0.018394
XAU 0.00027
XCD 3.172528
XCG 2.114809
XDR 0.816323
XOF 656.377328
XPF 119.331742
YER 279.983734
ZAR 19.775561
ZMK 10566.525158
ZMW 27.076993
ZWL 377.995881
  • RBGPF

    0.0000

    81.17

    0%

  • SCS

    0.0200

    16.14

    +0.12%

  • RYCEF

    -0.2500

    14.6

    -1.71%

  • BCC

    0.2500

    76.51

    +0.33%

  • GSK

    -0.0700

    48.81

    -0.14%

  • BCE

    0.3100

    23.71

    +1.31%

  • RIO

    -1.0800

    75.66

    -1.43%

  • AZN

    -0.4600

    89.83

    -0.51%

  • BTI

    -1.2700

    57.1

    -2.22%

  • RELX

    0.1000

    40.38

    +0.25%

  • CMSC

    -0.1300

    23.3

    -0.56%

  • VOD

    0.0500

    12.59

    +0.4%

  • JRI

    -0.0200

    13.7

    -0.15%

  • NGG

    0.2400

    74.93

    +0.32%

  • CMSD

    -0.1500

    23.25

    -0.65%

  • BP

    -0.2700

    35.26

    -0.77%

US auto union praises some Trump tariffs
US auto union praises some Trump tariffs / Photo: SCOTT OLSON - GETTY IMAGES NORTH AMERICA/AFP/File

US auto union praises some Trump tariffs

The head of the US auto workers union endorsed car tariffs Thursday as a way to address the "free trade disaster" while rejecting use of the levies for "political games."

Text size:

Praising President Trump for tackling the ills of free trade while slamming other major elements of the Republican's agenda, United Auto Workers President Shawn Fain described tariffs as a potentially vital tool to defend working class interests.

"We support some use of tariffs on auto manufacturing and other similar industries," Fain said in a webcast. "We don't support the use of tariffs for political games about immigration or fentanyl. We do not support reckless chaotic tariffs on all countries at crazy rates."

Fain dismissed claims by the US auto industry that tariffs would damage US carmakers and lead to higher prices, likening the statements to those during 2023 UAW strike negotiations that ultimately resulted in hefty wage hikes for workers at General Motors, Ford and Jeep-maker Stellantis.

"Turns out the companies lied," Fain said. "They could afford to do the right thing then and they can afford to do the right thing now."

The comments were Fain's most expansive to the national membership since Trump returned to office in January.

Fain shot to prominence with a strike of Detroit's "Big Three" automakers in 2023 but his zealous campaigning for Democrat Kamala Harris' presidential campaign proved controversial in a union where Trump also enjoys a vocal base of support.

On Wednesday, Trump paused for 90 days many of his most onerous tariffs on every trading partner except China, while significantly raising levies on the world's second biggest economy.

But Trump has maintained a 25 percent tariff on imported autos that went into effect last week, as well as a 25 percent tariff on imported steel and aluminum that went into effect in mid-March.

Fain described the auto tariffs as a means to end the "race to the bottom" in the car industry, asserting that GM, Ford and Stellantis could add 50,000 jobs if they chose to operate US factories at full capacity instead of shifting production to Mexico where labor is cheap.

Trump's administration is the first "in my lifetime that’s been willing to do something about this broken free trade system," Fain said.

But Fain blasted the Trump administration's cuts to health research funding, attacks on Social Security and crackdown on free speech that has included the detention of Columbia University graduate student Mahmoud Khalil, a former UAW member.

"We've seen the absolute trampling of constitutional rights," Fain said.

F.Carpenteri--NZN