Major automakers, including GM, Tesla, Toyota, Hyundai, Volkswagen, and Ford, urge Trump administration to extend crucial USMCA trade deal for American auto production. Automakers emphasize efficiency gains and billions in savings, with Hyundai stating uncertainty delaying $20 billion in investments. Tesla calls for continued support to strengthen U.S. competitiveness. Stellantis and Toyota stress need for duty-free cross-border trade compliance with content and labor rules. Ford advocates for national security tariffs only applying to non-North American countries post-Improved USMCA.

Read more at Yahoo Finance: Automakers urge US to extend North America free trade deal