Auto industry executives and labor union leaders testified before the
Senate Finance Committee on the potential impact of tariffs on the U.S.
auto industry. The Commerce Department has initiated an investigation,
authorized by a Trade Expansion Act provision, to determine whether
automobile imports pose a risk to national security. Witnesses and
committee members agreed that imposing tariffs would negatively impact
auto sales, industry workers and consumers. Other topics addressed
included, U.S.-China trade relations, NAFTA negotiations and the
administration’s steel and aluminum tariffs. Sen. Orrin Hatch (R-UT)
chaired this committee and Sen. Ron Wyden (D-OR) served as the ranking
member.
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Source: C-SPAN
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