EU, Mexico, Volkswagen Among Those To Testify At U.S. Import Tariff Hearing

www.oann.com | 10/15/2014 | Staff
chicana948 (Posted by) Level 3
WASHINGTON (Reuters) – The European Union, Japan, Canada, Mexico, along with automotive trade groups, Volkswagen AG , and the United Auto Workers union are among those scheduled to testify at a July 19 hearing on the Trump administration’s investigation into whether imported autos and parts pose a national security threat, according to a document seen Thursday by Reuters.

The U.S. Commerce Department in May launched an investigation into whether imported vehicles pose a national security threat.

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U.S. President Donald Trump has repeatedly threatened to impose a 20 or 25 percent import tariff on vehicles and parts.

Last month, two major U.S. auto trade groups warned that tariffs of up to 25 percent on imported vehicles would cost hundreds of thousands of jobs in auto manufacturing, dramatically raise prices on vehicles, and threaten industry investment on self-driving cars. Major automakers have also filed comments warning of job losses and lost sales.

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At a July 19 hearing, those two groups, the Alliance of Automobile Manufacturers and Association of Global Automakers, will testify, as will the National Automobile Dealers Association, National Association of Manufacturers, Motors & Equipment Manufacturers Association and groups representing German and Japanese automakers, according to a draft agenda not yet made public.

A Commerce Department spokeswoman declined to...
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