The National Automobile Dealers Association (NADA) and American Truck Dealers (ATD) are actively educating policymakers on the adverse consequences to the automotive industry, including truck dealers, that would occur if new tariffs or quotas are imposed on imported automobiles and vehicle parts.
On June 29, NADA/ATD filed comments to the U.S. Department of Commerce in response to its investigation into the national security threats of imported autos and parts. While heavy- and medium-duty vehicles were not included in the original investigation by the Department of Commerce, light-duty auto parts and truck parts are often commingled and imported together, putting truck parts at risk of inadvertent tariffs. NADA/ATD says these tariffs could increase the price of vehicles and replacement parts for truck dealers and their customers. In its comments, NADA/ATD recommended that the Department of Commerce restrict the scope of the investigation to exclude heavy- and medium-duty trucks and parts from potential tariffs.
NADA/ATD also has endorsed a congressional letter led by Rep. Jackie Walorski (R-Ind.) to the Department of Commerce expressing concern regarding unintended consequences that would occur if tariffs are imposed, including tariffs on truck parts. The letter currently has 104 House signatories and is likely to be sent this week.
As the Department of Commerce continues to investigate the national security effects of automobile imports, NADA/ATD says it will continue to educate policymakers on the potential negative consequences of tariffs on truck dealers and their customers.
Questions can be directed to Paul Dorsey with NADA/ATD Legislative Affairs at [email protected]. For more information, visit www.nada.org/tariffs.
