FOR IMMEDIATE RELEASE
Contact: Annemarie Pender
202-650-5548 | email@example.com
Statement by John Bozzella, President and CEO of Global Automakers and spokesperson for Here For America
WASHINGTON, D.C., February 17, 2018 – “If it is going to be the policy of the U.S. government that the price of autos and auto parts should increase by as much as 25 percent because of new tariffs, the American public deserves to know that as soon as possible. Full and rapid disclosure will allow American consumers, auto industry stakeholders, and the Congress to debate the merits of the policy and take actions as needed.
“On the other hand, if the persistent reports that the Commerce Department’s investigation into auto trade will recommend tariffs of 25 percent are in fact wrong, then the American public should also know that as soon as possible.
“The prolonged uncertainty about these tariffs freezes investment decisions, makes planning for the U.S.-Mexico-Canada Agreement next to impossible, and does incalculable damage to the U.S. auto industry.
“Automotive trade does not imperil national security. It strengthens our competitiveness and benefits consumers. There is no compelling need to hide the recommendations made to the President, or to restrict trade in a sector that supports the jobs of 10 million Americans.”
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.