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The Administration's Proposed Auto Tariffs Would Harm American Families and the Economy
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(60 seconds)
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(OPEN):
A "WHITE
HOUSE"-PROPOSAL TO IMPOSE TARIFFS ON IMPORTED CARS AND CAR-PARTS COULD SEND SHOCKWAVES THROUGHOUT THE AMERICAN ECONOMY.
AND, WHEN IT COMES TO TRADE, AUTOMAKERS SUPPORT A LEVEL PLAYING-FIELD, BUT NOT
TARIFFS--WHICH, INSTEAD, THREATEN VEHICLE-AFFORDABILITY. THAT'S ACCORDING TO
WADE NEWTON, FROM THE "ALLIANCE OF AUTOMOBILE
MANUFACTURERS"...
(NEWTON):
"OUR ANALYSIS SHOWS THAT TARIFFS COULD PRODUCE
STICKER-SHOCK--INCREASING YOUR NEXT VEHICLE'S PRICE BY 58-HUNDRED DOLLARS.
THAT'S A BIG HIT TO ANYONE'S BUDGET. AND, MANY FAMILIES MAY NOT BE ABLE TO BUY A NEW
VEHICLE--WITH ALL THE NEW SAFETY-TECHNOLOGIES, AND HIGHER GAS-MILEAGE."
(BRIDGE):
TARIFFS COULD ALSO LEAD TO JOB-LOSSES, SAYS
NEWTON--WHO ADDS THAT THE AUTO-SECTOR IS ONE OF LARGEST EMPLOYERS IN THE U-S, SUPPORTING MORE THAN
SEVEN-MILLION JOBS...
(NEWTON):
"DOMESTIC AND INTERNATIONAL AUTOMAKERS ARE ALREADY BUILDING THEIR PRODUCTS RIGHT HERE; THERE ARE 45 PLANTS, ACROSS 14 STATES.
IF OTHER COUNTRIES RETALIATE--WITH TARIFFS OF THEIR OWN--WE COULD SEE JOB-LOSSES IN THE HUNDREDS-OF-THOUSANDS.
AND, NOBODY WANTS THAT TO HAPPEN."
(CLOSE):
TO LEARN MORE ABOUT THE EFFECTS OF AUTO-TARIFFS, VISIT
"AUTO-ALLIANCE"-DOT-ORG.
