ACA President Comments on the Mexico Tariffs
June 10, 2019—The following statement can be attributed to Bill Hanvey, president and CEO, Auto Care Association:
“The Auto Care Association applauds the Trump Administration’s reversal on its decision to impose tariffs on imports from Mexico,” said Bill Hanvey, president and CEO, Auto Care Association. “Mexico is the United States’ largest trading partner when it comes to auto parts, with more than $55 billion imported in 2017. U.S. companies benefit from having largely duty-free access to Mexico’s labor market for certain important steps along the supply chain. A new tariff would have resulted in higher prices for U.S. consumers and job losses for U.S. businesses. The association will continue to work with the administration and Congress on ensuring long-term, open access to U.S. trading partners like Mexico."