Auto Dealers Oppose Steel, Aluminum Tariffs

The American International Automobile Dealers Association strongly opposed President Trump’s plan to proceed with a 25 percent tariff on aluminum and steel imports from Canada, Mexico, and the European Union starting Friday, June 1.

Both metals are crucial to the production of cars and trucks sold in America today.

“Since the administration’s initial announcement earlier this year regarding steel and aluminum tariffs, prices have risen on key products. Today’s decision to proceed with imposing tariffs on Canada, Mexico, and the EU means American consumers will continue to bear the brunt of a trade war with our key economic partners,” said AIADA President and CEO Cody Lusk. “The decision to forge ahead with these steel and aluminum tariffs will adversely impact the price of consumer goods, including the millions of new vehicles Americans buy each year.”

America’s 9,600 international nameplate auto dealers, the majority of which are family-owned businesses, employ more than 577,000 Americans, resulting in a payroll of $32 billion and an additional 527,000 indirect jobs. Last year, they sold 8.4 million vehicles to American consumers – 59 percent of total U.S. retail vehicle sales. For more on the impact of America’s international nameplate dealers on our economy visit AIADA.org/our-impact.

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