White House Announces President Trump’s Initiative to Limit Auto Imports
June 17, 2019—The White House press office released a letter on Friday, confirming President Trump has initiated an effort to bring down the high volume of auto imports from European Union, Japan, and Mexico in order to reinforce the domestic auto market, reports OAN.
The letter states Trade Representative Robert Lighthizer will lead the effort by pursuing a negotiation of agreements with those foreign industries.
The import of automobiles and parts is reportedly threatening the national security of the United States by driving down the number of “American-owned producers” of the global automobile market over the past three decades, according to the White House.
A progress report on the negotiations is expected within 180 days.