Coalition launches campaign to oppose Section 232 auto tariffs



Global Trade Magazine Staff | Global Trade Magazine

The Driving American Jobs Coalition, a group representing the United States’ leading auto manufacturers, parts suppliers, auto dealers, parts distributors, retailers, and vehicle service providers, announced today the formation of a new coalition to oppose potential new tariffs on imported automobiles and motor vehicle parts. The coalition will inform policymakers and stakeholders on the negative effects of imposing new auto tariffs, including massive job losses and significant consumer price increases for virtually all motor vehicles and parts, whether domestic or imported.  Higher auto tariffs will also result in less capital for investments in innovation and less competition in promoting cutting-edge automotive technologies developed here at home. At a time of unprecedented growth, new tariffs on imported vehicles and parts represent a significant threat to our economy and the tremendous job growth that has occurred since the president took office. Read more here