WASHINGTON, March 28 (Reuters) - A group representing
General Motors Toyota, Volkswagen and
other major automakers warned new 25% tariffs President Donald
Trump plans to impose next week on imported vehicles will hurt
U.S. consumers.
"Additional tariffs will increase costs on American
consumers, lower the total number of vehicles sold inside the
U.S. and reduce U.S. auto exports - all before any new
manufacturing or jobs are created in this country," said
Alliance for Automotive Innovation John Bozzella in a statement.
The group represents every major automaker.