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**China Association of Automobile Manufacturers: Hopes for the US to Listen to Industry Voices and Correct Wrongdoings in a Timely Manner** According to the China Association of Automobile Manufacturers, recently, US President Trump signed a proclamation announcing the imposition of a 25% tariff on imported vehicles and some parts. The China Association of Automobile Manufacturers firmly opposes this and hopes that the US will listen to the voices of the industry and correct these wrongdoings promptly. The automobile industry is highly internationalized, achieving optimal allocation of global resources through efficient cross-national supply chains, providing users worldwide with safe and convenient transportation and logistics tools. The US, for its own benefit, imposes tariffs, which is a typical act of unilateralism, severely violating WTO rules, disrupting normal trade order, causing significant impact on the stability of the global automotive industry supply chain, and further raising car prices, imposing additional burdens on consumers, including those in the US, and negatively affecting the global economic recovery. The China Association of Automobile Manufacturers calls on the US government to listen to industry voices, correct these wrongdoings in a timely manner, seek mutually beneficial solutions through consultations and exchanges, and conduct international trade with an open, inclusive, and cooperative attitude to jointly maintain the prosperity and stability of the global automotive industry. At the same time, the China Association of Automobile Manufacturers will also actively communicate and cooperate with international peers to jointly address this challenge, contributing to protecting the rights and interests of global consumers and promoting world economic development.

Nissan Withdraws U.S. Factory Production Cut Plan to Respond to Trump Tariffs Nissan Motor announced on the 4th that it has withdrawn its plan to reduce production at its U.S. factories, which was scheduled to be implemented in April as part of its rationalization measures, and will maintain its current production system. This move comes in light of the U.S. government's tariffs on imported cars, which took effect on the 3rd, and aims to keep local production at a scale that is not subject to tariffs. Previously, Nissan had announced plans to partially cut production schedules at its Tennessee plant for the SUV "ROGUE." Additionally, Nissan has shifted the production of pickups originally assigned to the French automotive giant Renault, part of a corporate alliance, in Argentina to its own factory in Mexico. This change aims to reduce costs such as outsourcing fees.

**Automotive Giant Stellantis Announces Layoffs in US Factories and Halts Production in Canada and Mexico Plants**On the 3rd local time, the automotive giant Stellantis announced that due to the impact of the tariff policies introduced by Trump on the industry, they have decided to lay off 900 employees across five of their US factories and halt production at two assembly plants in Canada and Mexico. The multinational automotive manufacturing company, Stellantis Group, stated that the Chrysler assembly plant in Windsor, Canada, will suspend production from the 7th to the 21st of this month. This factory, which employs around 4,000 people, is one of Stellantis' three plants in Canada. The Jeep assembly plant in Toluca, Mexico, will also be shut down for approximately one month. Many employees of Stellantis have expressed concerns about the production suspension.

South Korean officials said on Sunday that the government plans to inject 30 trillion won ($20 billion) in emergency aid into the local automotive industry to alleviate the impact of the new 25% tariffs imposed by the United States. South Korea is one of the most severely affected countries by Trump's tariffs, with its exports of automobiles to the United States accounting for nearly half of its total overseas car sales. A person from South Korea's Ministry of Finance and Economy said: "Although the specific amount has not been determined, it is expected to reach about 30 trillion won. This fund will be paid through the existing loan programs of the industrial banks."

Jaguar Land Rover, a British car company, will suspend the export of its UK-made vehicles to the United States for a month, as the company explores ways to mitigate the impact of a 25% tariff on car costs imposed by US President Trump. En**e Co., Ltd. (002812.SZ) announced that its subsidiary, En**e USA, has signed a supply agreement with a well-known American car company to supply approximately 973 million square meters of lithium battery separator films to En**e USA (and its affiliates) from 2026 to 2030, subject to individual purchase orders. The agreement will be valid for five years from the start of the supply and will automatically renew for a one-year term each time. The signing of this agreement is expected to have a positive impact on the company's operating performance from 2026 to 2030.

**Resisting US Tariffs, Canada Retaliates by Imposing 25% Tariff on US Cars**Canadian Prime Minister Carney announced a series of countermeasures against so-called "reciprocal tariffs" from the United States in a press conference held in the capital Ottawa on April 3. Carney stated that US President Trump's tariff policy aims to reconstruct the international trade system. All of Canada's countermeasures are to protect industrial workers in the country. He revealed that thousands of workers have already lost their jobs due to US tariffs. Carney said that Canada will impose a 25% tariff on all imported US cars. The revenue generated from all anti-tariff measures will be returned to the automotive industry. Carney also mentioned that Canada will seek to renegotiate its trade agreement with the United States and look for more reliable trading partners. Regarding the domestic economy, Carney said a series of stimulus measures will be introduced to help the development of domestic businesses. These include: eliminating domestic trade barriers, establishing a unified domestic market, building a large number of residences, etc.