Tariffs Make U.S. Auto Industry Less Competitive
Statement by John Bozzella, President and CEO, Global Automakers on behalf of Here for America
WASHINGTON, D.C., March 8, 2018 – “A tariff is a tax that will result in higher prices that consumers will ultimately bear. Exemptions will not address the fundamental problems tariffs will create for U.S. car and truck manufacturing. Increased costs will make our industry less competitive and harm American workers, consumers, and our economy.”
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.