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FEDERALhearing transcript
High Impact

Senate Hearing on the Impact of Tariffs on the U.S. Auto Industry

Original title: IMPACT OF TARIFFS ON THE U.S. AUTOMOTIVE INDUSTRY

January 1, 2020

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The Frame

What this does

The hearing addresses the economic impact of 25% steel and 10% aluminum s, which the American Automotive Policy Council estimated would increase the cost of producing a vehicle by $400.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Automotive Manufacturers

These companies face increased costs for raw materials like steel and aluminum used in vehicle production.

Auto Consumers

Consumers may face higher purchase prices for vehicles due to increased production costs passed down by manufacturers.

United Auto Workers

The union represents workers whose jobs and wages may be impacted by shifts in automotive manufacturing costs and trade policy.

What changed

Last recorded activity January 1, 2020.

What's next

Next step not available in the current record.

Summary

This document is a transcript of a 2018 U.S. Senate Finance Committee hearing regarding how federal s on steel and aluminum affect the American automotive industry. The committee examined the Department of Commerce's investigation into whether automotive imports pose a national security threat under of the Trade Expansion Act.

Key Facts

  • The hearing focused on a Section 232 investigation regarding whether auto imports threaten national security.
  • The U.S. imposed tariffs of 25% on steel and 10% on aluminum.
  • The American Automotive Policy Council estimated that steel and aluminum tariffs would increase vehicle production costs by $400 per car.
  • The tariffs affect approximately $50 billion worth of imported goods.
  • The hearing took place on September 26, 2018, in the Dirksen Senate Office Building.
  • Witnesses included representatives from North American Stamping Group, Honda North America, Gates Auto Family, United Auto Workers, and the Spartanburg County Economic Development Committee.

Frequently Asked Questions

What is a Section 232 investigation?
It is an investigation conducted by the Department of Commerce to determine if specific imports threaten the national security of the United States.
How much do the steel and aluminum tariffs cost the auto industry?
The American Automotive Policy Council estimated that these s result in a $400 increase in the cost to produce a single vehicle.

Why It Matters

The hearing addresses the economic impact of 25% steel and 10% aluminum s, which the American Automotive Policy Council estimated would increase the cost of producing a vehicle by $400.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

National Security Trade Justification

The hearing highlights the administration's pivot toward using national security (Section 232) as the primary legal basis for broad economic trade interventions.

Connected Entities

personOrrin G. HatchChairman of the Senate Committee on FinanceMap →
personRon WydenU.S. Senator from OregonMap →
organizationDepartment of CommerceInitiated the Section 232 investigationMap →
organizationUnited Auto WorkersRepresented by witness Josh NassarMap →
organizationAmerican Automotive Policy CouncilProvided estimates on per-car cost increasesMap →
organizationHonda North America, IncorporatedRepresented by witness Rick SchostekMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy75
    Intensity of disagreement among stakeholders
  • Entertainment20
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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