US President Donald Trump says his trade policy has helped increase production and investment in the American automotive industry. Industry experts say some positive changes have taken place, while continued uncertainty over trade policy remains a challenge for companies.
During the Trump administration's latest term, major automakers including General Motors, Toyota and Ford have moved to expand their factories in the United States.
Expansion amid trade policy uncertainty
The reported factory expansion plans point to investment activity in the US auto sector. However, experts caution that uncertainty in trade policy continues to complicate the outlook for companies.
The developments highlight two sides of the industry’s current picture: automakers are pursuing expansion in the United States, while businesses continue to face uncertainty over trade policy.
