ACA: White House Tariffs Will Raise Auto Care Prices
March 12, 2018—Bill Hanvey, president and CEO of the Auto Care Association, released a statement regarding the Trump administration tariffs, saying the tariffs would likely result in higher auto care prices.
He said the association will continue to oppose the steel and aluminum tariffs that were announced by President Donal Trump on March 8.
"Based on the fact that there are few parts necessary for the upkeep of a vehicle that do not contain significant amounts of steel and aluminum, this action will have a significant negative impact throughout the supply chain, including many small medium and small businesses and their employees that comprise the auto care industry," he said. "While we are grateful that our trading partners, Canada and Mexico, are currently exempt, it is our view that that these tariffs will quickly become a tax on the repair and maintenance of vehicles, a tax that will ultimately be paid for in higher repair prices by the American car owner."
He said in the statement, the association also urges the President to reconsider the action or look to create an efficient exemption process for qualified U.S companies in order to alleviate harm.