U.S. President Donald Trump urged the chief executives of the Big Three U.S. automakers on Tuesday to build more cars in the country, pressing his pledge to bring jobs to America and discourage the car industry from investing in Mexico.
Trump, who has threatened to impose 35 percent tariffs on imported vehicles, opened a White House meeting with General Motors Co. CEO Mary Barra, Ford Motor's Mark Fields and Fiat Chrysler Automobiles NV's Sergio Marchionne by saying he wanted to see more auto plants in the United States.
In return, Trump has vowed to cut regulations and taxes to make it more attractive for businesses to operate in the country. He promised during his campaign to be a job-creating president and stressed that message in his inaugural address last Friday.