Amazon, Toyota, Alcoa and others working to counter Trump’s tariff plans
SAN FRANCISCO/WASHINGTON: Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration´s trade policies and to head off new tariffs.
Companies are attempting to avoid any confrontation with U.S. President Donald Trump but want to exert as much influence as they can to dissuade him from tearing up trade agreements or introducing tariffs on a wide swath of imports.
Amazon, the world´s largest online retailer and cloud-computing company, which could be hurt by tariffs on items sold through its website and components for its data centers, is discussing industry-wide advertising campaigns and more extensive government lobbying, a person familiar with the matter told Reuters on condition of anonymity.
Amazon declined to comment. Toyota Motor North America, a subsidiary of Japan´s Toyota, which could suffer if Trump follows through on a plan to impose tariffs on imported vehicles and parts, flew workers to Washington for a rally this week in front of the U.S. Capitol while the unit´s chief has met key members of Congress in recent weeks to discuss the potential impact of tariffs.
Executives from General Motors Co, which could be hurt if Trump pulls the United States out of the North American Free Trade Agreement or if he imposes auto tariffs, have also held meetings with the administration and Congress over the last year to raise its concerns about trade issues.
-
Winter Olympics 2026: Top Contenders Poised To Win Gold In Women’s Figure Skating -
Inside The Moment King Charles Put Prince William In His Place For Speaking Against Andrew -
Will AI Take Your Job After Graduation? Here’s What Research Really Says -
California Cop Accused Of Using Bogus 911 Calls To Reach Ex-partner -
AI Film School Trains Hollywood's Next Generation Of Filmmakers -
Royal Expert Claims Meghan Markle Is 'running Out Of Friends' -
Bruno Mars' Valentine's Day Surprise Labelled 'classy Promo Move' -
Ed Sheeran Shares His Trick Of Turning Bad Memories Into Happy Ones -
Teyana Taylor Reflects On Her Friendship With Julia Roberts -
Bright Green Comet C/2024 E1 Nears Closest Approach Before Leaving Solar System -
Meghan Markle Warns Prince Harry As Royal Family Lands In 'biggest Crises' Since Death Of Princess Diana -
Elon Musk Weighs Parenthood Against AI Boom, Sparking Public Debate -
'Elderly' Nanny Arrested By ICE Outside Employer's Home, Freed After Judge's Order -
Keke Palmer On Managing Growing Career With 2-year-old Son: 'It's A Lot' -
Key Details From Germany's Multimillion-euro Heist Revealed -
David E. Kelley Breaks Vow To Cast Wife Michelle Pfeiffer In 'Margo's Got Money Troubles'