U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns - NBC Chicago

U.S. Car Buyers Could Face Higher Prices From Import Tariffs, Auto Industry Warns

The latest wave of concern was triggered by the Commerce Department’s confirmation that it had delivered on Sunday a long-awaited report to President Donald Trump

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    File Photo: Unsold 2008 Denali sports-utility vehicles sit on the showroom floor at a GMC Truck dealership in Littleton, Colo.

    Automakers, car dealers and parts manufacturers have gone into high gear in a bid to derail the threat of new tariffs on foreign-made cars and car parts.

    The tariffs, they warn, could backfire, raising prices for U.S. consumers and sending the domestic automotive market into a tailspin, NBC News reported.

    The latest wave of concern was triggered by the Commerce Department’s confirmation that it had delivered on Sunday a long-awaited report to President Donald Trump that looked at whether foreign autos and auto parts pose a threat to national security. Trump has indicated that if the report backs up that conclusion, he may impose tariffs expected to run as high as 20 to 25 percent.

    While Detroit’s Big Three automakers have raised concerns about foreign-made vehicles over the past several decades, “not a single company in the domestic auto industry requested this investigation,” the Motor and Equipment Manufacturers Association, a trade group representing a broad alliance of automotive companies, said in a statement.

    Clerk Pulls Out Machete on Would-Be Robber

    [NATL] Clerk Pulls Out Machete on Would-Be Robber

    A would-be robber armed with a knife had a surprise in store when an Alabama store clerk pulled out a machete in defense. The two's brief knife fight was caught on camera before the clerk runs out to damage the robber's car.

    According to police, suspect Seth Holcomb walked up to the counter to make a purchase. He leaves the store and then comes back in as if to make a second purchase. Then, he pulled out a knife at the counter. What he didn't expect was that the clerk would pull out a machete of his own.

    (Published Wednesday, March 20, 2019)