FIRST AIRED: February 18, 2019

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

×

Transcript

00:00:00
the report sent to US president Donald Trump that could unleash steep tariffs on imported cars is already sparking backlash the purpose of the commerce department reports cold as section two three two is to investigate the effects of imports on national security the trump administration has in the past cited national security to slap import tariffs on steel and aluminum today I'm defending America's national security , by placing tariffs on foreign imports of steel and aluminum one group representing auto parts suppliers warning that new tariffs would stifle investment in the US at a time when the auto industry is already reeling from declining sales and rising trade barriers the US commerce department said they wouldn't comment on the report but already the auto industry has released what's expected to be a massive lobbying campaign against it the president has ninety days to make a decision on whether he'll act upon its recommendations auto industry officials expect the report will include at least some terrorists unassembled cars and parts or on technologies also vowing to retaliate if their cars are hit with tariffs the European Union where these reports translating block since then three mental to European exports the European Commission would react in a swift and adequate manner of reports from the center for automotive research published last week warned that its worst case scenario a terror of twenty five percent would cost more than three hundred fifty thousand U. S. jobs in car making and related industries