AGA President Bozzella Says There's No Case for Auto Tariffs

The video discusses the arguments against imposing high tariffs on auto imports, highlighting that they are not a national security threat and could harm American consumers and workers. It covers the increasing concern among lawmakers, with bipartisan efforts to limit the president's authority on tariffs. The role of the Commerce Department in investigating these tariffs is examined, emphasizing the need for certainty in business. The importance of NAFTA for the US auto industry is discussed, along with concerns about its potential collapse and the impact of bilateral trade deals.

What is one of the main arguments against imposing high tariffs on auto imports?

• They benefit American consumers.

• They support a competitive industry.

• They are requested by automotive companies.

• They are a national security threat.

What is the current stance of lawmakers regarding the president's authority on tariffs?

• They fully support it.

• They are increasingly concerned.

• They are indifferent.

• They have no opinion.

What is the potential impact of prolonged uncertainty in tariff investigations?

• It stabilizes the market.

• It boosts investment opportunities.

• It has no effect on businesses.

• It harms investment and export opportunities.

How has NAFTA benefited the US auto industry?

• No significant impact.

• Increased car production and exports.

• Decreased car exports.

• Reduced car production in the US.

What is the preferred trade agreement structure according to the speaker?

• Bilateral agreements only.

• A trilateral deal including the US, Mexico, and Canada.

• No trade agreements.

• Separate agreements with each country.