"I think there's been a lot done with tariffs to have a more level playing field. I wouldn't say it's level now, but for years we faced either tariffs or non-tariff trade barriers. For instance, in Europe it was 10 percent if we exported there if they exported here it was 2, 2.5. Exporting to China was 25 to 50 percent tariffs. And again, the same 2, 2.5 in this country, setting aside full-size trucks."
"So we're going to talk about tariffs now. Well, but that has to do with the tariff piece of this all has to do I mean they're all intertwined in terms of whether the United States, in terms of our auto industry, ultimately is the most competitive in the world, or it becomes a regional business, effectively. Well, I think Secretary Bessent talked about it today."
Greater balance in global tariffs is necessary to make auto markets fair and protect U.S. OEM competitiveness. Historical tariff asymmetries have disadvantaged U.S. exports: European duties on U.S. cars ran about 10 percent while U.S. applied roughly 2–2.5 percent; China imposed 25–50 percent tariffs on imports. Non-tariff trade barriers further constrained market access. Some tariff adjustments have improved parity, but the situation remains uneven. Without more equal treatment, the U.S. auto industry risks becoming more regional than global. Achieving a more level playing field would strengthen American OEMs’ ability to compete internationally.
Read at www.nytimes.com
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