President Donald Trump meets Tuesday with the CEOs of General Motors, Ford, and Chrysler in the Oval Office:
Trump made a point on the campaign trail of slamming American automakers for importing cars from Mexico and vowed a border tax to prevent companies from moving their assembly plants south, NBC News notes. "I need clarity. I think we all need clarity. And we're not the only ones that need clarity," Chrysler CEO Sergio Marchionne said at the North American International Auto Show in Detroit earlier this month.
The American automakers will likely try to make their case for why it would be a strain to produce all of their cars within the U.S., with some experts estimating Trump's proposed tariffs and taxes would drive up car prices and leave consumers with fewer options.