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[ Wed, Jan 22nd 2025 ]: cbtnews
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[ Tue, Jan 21st 2025 ]: Forbes
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[ Mon, Jan 20th 2025 ]: Yahoo
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[ Thu, Jan 16th 2025 ]: MarketWatch
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[ Sun, Jan 12th 2025 ]: TechCrunch
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[ Fri, Jan 10th 2025 ]: TechCrunch
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Michigan governor warns Trump tariffs on Mexico, Canada could harm US auto sector

Michigan Governor Gretchen Whitmer has expressed concerns over former President Donald Trump's proposed tariffs on vehicles and parts imported from Mexico and Canada, warning that such measures could significantly harm the U.S. auto industry. In a letter to U.S. Trade Representative Katherine Tai, Whitmer highlighted that these tariffs would increase costs for automakers, potentially leading to higher prices for consumers, job losses, and a reduction in the competitiveness of the U.S. auto sector. She emphasized the integrated nature of the North American automotive supply chain, noting that tariffs could disrupt this integration, negatively impacting Michigan's economy, which is heavily reliant on the automotive industry. The letter comes in response to Trump's campaign promise to impose a 10% tariff on all imports if re-elected, a policy that could lead to retaliatory measures from trade partners.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/autos-transportation/michigan-governor-warns-trump-tariffs-mexico-canada-could-harm-us-auto-sector-2025-01-15/ ]