The auto industry is spending money and time to cope with Trump’s ever-shifting trade policies, instead of becoming more competitive and innovative.

If the United States imposes 5% to 25% tariffs on all imports from Mexico starting Monday, U.S. consumers can expect to see sharp price increases on new cars and trucks as well as higher costs to maintain and repair their existing vehicles. The tariff move also endangers ratification of President Donald Trump’s signature trade agreement — the U.S.-Mexico-Canada Agreement — and sows uncertainty that puts a chill on investments in America.

Kristin Dziczek

Vice President – Industry, Labor, & Economics

Register Today