U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns - NBC Bay Area

U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns

The latest wave of concern was triggered by the Commerce Department’s confirmation that it had delivered on Sunday a long-awaited report to President Donald Trump

    processing...

    NEWSLETTERS

    Uber's Q1 Losses Reach $1B Despite Revenue Growth
    AP
    File Photo: Unsold 2008 Denali sports-utility vehicles sit on the showroom floor at a GMC Truck dealership in Littleton, Colo.

    Automakers, car dealers and parts manufacturers have gone into high gear in a bid to derail the threat of new tariffs on foreign-made cars and car parts.

    The tariffs, they warn, could backfire, raising prices for U.S. consumers and sending the domestic automotive market into a tailspin, NBC News reported.

    The latest wave of concern was triggered by the Commerce Department’s confirmation that it had delivered on Sunday a long-awaited report to President Donald Trump that looked at whether foreign autos and auto parts pose a threat to national security. Trump has indicated that if the report backs up that conclusion, he may impose tariffs expected to run as high as 20 to 25 percent.

    While Detroit’s Big Three automakers have raised concerns about foreign-made vehicles over the past several decades, “not a single company in the domestic auto industry requested this investigation,” the Motor and Equipment Manufacturers Association, a trade group representing a broad alliance of automotive companies, said in a statement.

    Ohio Woman Cleared of Murder Charges for Newborn

    [NATL] Ohio Woman Cleared of Murder Charges for Newborn

    A young Ohio woman broke down in tears when she was cleared of murder charges involving the death of her newborn child. A jury cleared Brooke Skylar Richardson, 20, of aggravated murder, involuntary manslaughter and child endangerment charges of a baby she had given birth to and buried in the family's backyard.

    (Published Friday, Sept. 13, 2019)