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NADA Responds to U.S. Dept. of Commerce “Section 232” Investigation of Auto Imports
TYSONS, Va. (May 25, 2018)—National Automobile Dealers
Association (NADA) President and CEO Peter Welch released the following
statement in response to the U.S. Department of Commerce’s announcement that it
was initiating a “Section 232” investigation into tariffs on automobile
imports:
“A tariff on imported vehicles and auto parts equates to a
consumer tax, and we are concerned that such a tax would mean higher prices and
fewer choices for our customers. NADA will always be on the side of maintaining
affordability for our customers, and we will continue to work with the Trump
Administration and Congress to advocate for policies, including trade policies,
that enable our customers to purchase the new cars and trucks they need and
want at prices they can afford.”