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Auto Care Association CEO Bill Hanvey Issues Statement on the Trump Administration’s Decision to Reverse Imposed Tariffs on Imports from Mexico

Source: Auto Care Association

”The Auto Care Association applauds the Trump Administration’s reversal on its decision to impose tariffs on imports from Mexico,” said Bill Hanvey, president and CEO, Auto Care Association. “Mexico is the United States’ largest trading partner when it comes to auto parts, with more than $55 billion imported in 2017. U.S. companies benefit from having largely duty-free access to Mexico’s labor market for certain important steps along the supply chain. A new tariff would have resulted in higher prices for U.S. consumers and job losses for U.S. businesses.”

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