The Trump Administration yesterday announced the stay, though official confirmation of the pause has yet to be confirmed.
Posts tagged as “tariffs”
U.S. car manufacturers appeal to President Trump highlighting supply chain intricacies and disadvantage with imports.
“The expansion of these tariffs will have far-reaching consequences," says Bill Hanvey, president and CEO, Auto Care Association.
Automotive parts suppliers have potential avenues to minimize tariff impacts on inventories, supplies and critical production components.
Even with monthlong reprieve, potential 25% tariffs threaten to disrupt production and sales across key markets.
CIECA webinar on Feb. 6 will explore how recent changes and future technology trends will impact the collision industry.
Proposed policies, including tax cuts, deregulation and tariffs, would disrupt a highly integrated North American automotive supply chain.
