Auto groups lobby Trump administration against parts tariffs in rare unified message
Publishing timestamp: 2025-04-22 19:59:01
Summary
Top U.S. automotive industry groups are lobbying against 25% tariffs on auto parts set to take effect in May, warning of potential disruptions to production and job losses. The groups are urging the Trump administration to reconsider the tariffs, which could have a significant impact on the industry.
Sentiment: NEGATIVE
Keywords: jamieson greer, politics, breaking news: politics, business, scott bessent, tesla inc, breaking news: business, rivian automotive inc, autos, trade, lucid group inc, tariff, united states, transportation, business news,
Source: https://www.cnbc.com/2025/04/22/auto-groups-lobby-trump-administration-against-parts-tariffs.html