Auto Industry Pushes White House to Back Off Tariffs

Auto Industry Pushes White House to Back Off Tariffs

Automakers, parts suppliers and dealers are joining forces to push back against the Trump administration’s proposal to apply tariffs of up to 25% on vehicles and components imported into the U.S., warning the administration’s trade policy will backfire and lead to higher prices and lost jobs. Industry representatives jointly petitioned President Donald Trump on Tuesday to back off on his threats to place tariffs on imports, with plans to amplify their message in digital and newspaper advertisements.

 

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