hereforamerica
Tariffs Are Not the Answer
Here for America
The President’s decision to impose significant tariffs on steel and aluminum imports from the European Union and our NAFTA trading partners is disappointing and counterproductive.  A tariff is a tax and this action will raise prices and hurt American auto producers and their customers.
1
×
Tariffs Are Not the Answer

FOR IMMEDIATE RELEASE

Contact: Annemarie Pender
202-650-5548 | apender@globalautomakers.org

Statement by John Bozzella, President and CEO, Global Automakers on behalf of Here for America

WASHINGTON, D.C., May 31, 2018 –“The President’s decision to impose significant tariffs on steel and aluminum imports from the European Union and our NAFTA trading partners is disappointing and counterproductive.  A tariff is a tax and this action will raise prices and hurt American auto producers and their customers.  Any retaliation by our trading partners will multiply this harm and do nothing to encourage U.S. exports.”

###

Here For America tells the story of international automakers and dealers, their ever-growing impact on the U.S. economy, and the benefits they provide to local communities. The contributions of international automakers and dealers are integral to the success of today’s U.S. auto industry, directly employing 1.29 million Americans in the auto industry and an additional 7 million indirect workers. Here for America is an initiative of the Association of Global Automakers to increase public education about the importance of international automakers to American job creation, economic growth, technological innovation and strong communities. Visit www.hereforamerica.com and follow Here For America on Twitter and Facebook.