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Manufacturers: Raise tariffs on Chinese autos, update USMCA to preserve U.S. industry

February 26, 2024 at 3:07 PM
The U.S. auto industry faces an “extinction-level” threat from Chinese manufacturers, a major U.S. manufacturing group says in a new report, calling for higher tariffs and tighter U.S.-Mexico-Canada Agreement rules-of-origin requirements to avoid the sector’s collapse. In the report released on Friday , the Alliance for American Manufacturing, an advocacy group for domestic manufacturers, urges U.S. policymakers to make a “dedicated and concerted effort” to immediately limit Chinese auto imports. This effort, they say, should include raising tariffs on Chinese...

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