Alliance Statement on Agreement between U.S, Canada, and Mexico to Lift Steel and Aluminum Tariffs

May
17

“Automakers welcome this announcement. Tariffs on Steel and Aluminum have increased costs for automakers and suppliers. While many automakers already source the vast majority of their steel and aluminum domestically, tariffs drive those prices up which decreases investment and harms auto workers and ultimately consumers. Lifting these tariffs not only reduces economic harm, it would also remove a significant hurdle to Congressional consideration of USMCA.”