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Potential Auto Tariffs Would Harm American Economy
Leads To Loss Of 5,000 Jobs In Agriculture Sector & Billions Lost In Gross Domestic Product

A Potential 25 Percent Tariff On U.S. Imports Of Motor Vehicles Would Harm The American Economy & Workers:

Tariffs Would Reduce U.S. Gross Domestic Product By $18 Billion & Overall U.S. Exports By Around 2 Percent Annually. (“An Accident Waiting To Happen? The Estimated Impacts Of Tariffs On Motor Vehicles & Parts,” Trade Partnership Worldwide LLC, 5/29/18)

Tariffs Would Result In A Net Loss Of 157,000 Jobs, Including Nearly 5,000 In The Agriculture Industry Alone. (“An Accident Waiting To Happen? The Estimated Impacts Of Tariffs On Motor Vehicles & Parts,” Trade Partnership Worldwide LLC, 5/29/18)

  • About Three Jobs, In Sectors Such As Agriculture, Would Be Lost For Every Job Gained In The Automotive Sector. (“An Accident Waiting To Happen? The Estimated Impacts Of Tariffs On Motor Vehicles & Parts,” Trade Partnership Worldwide LLC, 5/29/18)

Tariffs Would Increase The Average Price Of A $30,000 Imported Car By Approximately $6,400. (“An Accident Waiting To Happen? The Estimated Impacts Of Tariffs On Motor Vehicles & Parts,” Trade Partnership Worldwide LLC, 5/29/18)

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