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The Administration's Proposed Auto Tariffs Would Harm American Families and the Economy


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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.



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