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VOL. 42 | NO. 26 | Friday, June 29, 2018
Automakers, manufacturers oppose Trump call for auto tariffs
WASHINGTON (AP) — Foreign automakers, American manufacturers and classic-car enthusiasts are coming out against President Donald Trump's plan to consider taxing imported cars, trucks and auto parts.
The National Association of Manufacturers says in a filing with the U.S. Commerce Department that the tariff plan would "put the U.S. manufacturing sector at a global disadvantage, undermining growth and job creation throughout the United States."
Toyota Motor North America says the tariffs "would have a negative impact on all manufacturers, increasing the cost of imported vehicles as well as domestically produced vehicles that rely on imported parts" — such as the company's Kentucky-built Camry.
Friday is the deadline for public comments on Trump's call for a Commerce investigation into whether auto imports pose enough of a threat to U.S. national security to justify tariffs.