Auto Care Association CEO Bill Hanvey: Tariffs Are Hurting The Aftermarket, Making Roads Less Safe
Hanvey voiced the association’s support for the Trump administration’s efforts to address China’s unfair trade policies but warned the administration of the negative impact tariffs are having on the industry’s supply chain.
Auto Care Association Issues Statement On Senate Finance Committee Hearing On Tariffs
“A recent economic study completed for the Auto Care Association by John Dunham and Associates found that a 25 percent tariff on imported auto parts could cause a reduction of 17,800 jobs in the auto parts manufacturing sector, resulting in $1.4 billion in lost wages,” wrote Auto Care Association President and CEO Bill Hanvey.
Study Finds More Than 100,000 Industry Jobs At Risk With Tariffs On Imported Auto Parts
In a study provided by the Auto Care Association in comments to the U.S. Department of Commerce, it was found that a 25 percent tariff on imported auto parts could cause a reduction of 17,800 jobs in the auto parts manufacturing sector, resulting in $1.4 billion in lost wages.
Auto Care Association Says Alibaba Is A Notorious Market For Counterfeit Auto Parts
The Auto Care Association submitted comments to the Office of the U.S. Trade Representative in response to member complaints regarding the proliferation of online supply chains based in China that allow the online distribution of counterfeit parts.
