Auto Industry Urges Trump to Reconsider 25% Tariffs Amid Job Concerns

A coalition of major U.S. auto industry groups has urgently warned President Donald Trump that his proposed 25% tariff on all non-American-made cars and auto parts could inflict severe economic harm. Their joint letter, signed by organizations representing nearly all automakers, auto suppliers, and dealers, cautions that such tariffs would disrupt the global automotive supply chain, leading to higher car prices for consumers, reduced sales, and increased costs for servicing and repairs. The groups highlight that most suppliers are financially vulnerable and could face production stoppages, layoffs, or bankruptcy, which could cascade into broader industry shutdowns. Financial analysts estimate the tariffs could add up to $160 billion in annual costs and result in millions fewer new car sales. Even used cars and rental fleets would see higher maintenance costs, burdening consumers across the board. Trump has suggested he might modify the tariffs to give automakers more time, but the industry remains deeply concerned about the potential for widespread job losses and economic disruption.