Trump To Protect Domestic Automakers By Increasing Imported Car Regulation

While the Trump administration is usually associated with decreasing regulation, its plans to give domestic automakers a boost are taking a different approach. The administration is planning to use “nontariff barriers” to make it more expensive to import cars to the U.S., all by making import environmental targets more strict for imported cars. The U.S. has traditionally condemned these trade practices in other countries.   The Trump administration is pursuing ways to protect domestic vehicle manufacturing by forcing imported cars to meet stricter environmental rules when entering the country, according to senior administration and industry officials, a move that would make imports more expensive. The cost of meeting the stiffer import standards would, at least in part, be passed along to U.S. consumers. This style of “nontariff barrier”—a protectionist stratagem the U.S. has long condemned in other countries—is designed to reduce the relative Click Here to Continue Reading

Trump To Protect Domestic Automakers By Increasing Imported Car Regulation is republished from CarDaddy News

source https://autonews.cardaddy.com/trump-to-protect-domestic-automakers-by-increasing-imported-car-regulation/