At the request of the President, the U.S. Department of Commerce began an investigation into whether auto imports “are weakening our internal economy and may impair the national security.”
The U.S. imported over $190bn in autos in 2017; if the Trump administration hits a large fraction of those imports with tariffs there is the potential for a very sizeable retaliatory backlash.
Sen. Bob Corker (R-TN), said, “There’s no rational person that could think that we have a national security issue with auto manufacturing.”
Read the article at Forbes.
