Manufacturing

Automakers warn new Trump tariffs will boost costs, cut sales

John Bozzella, CEO of the Alliance for Automotive Innovation
John Bozzella, CEO of the Alliance for Automotive Innovation: “Additional tariffs will increase costs on American consumers, lower the total number of vehicles sold inside the U.S. and reduce U.S. auto exports — all before any new manufacturing or jobs are created in this country." (BLOOMBERG)
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March 29, 2025 11:08 AM