Tariffs on foreign car imports too broad and too big: Rep Jackie Walorski

By Stu OppenheimAutoFOXBusiness

Congresswomen warn against President Trump’s auto tariffs

Rep. Jackie Walorski (R-Ind.) and Rep. Terri Sewell (D-Ala.) on why they are both co-sponsoring a bill that would block President Trump from imposing tariffs on foreign cars.

President Trump’s threat to slap a 25 percent tariff on foreign car imports is facing mounting congressional pushback from both sides of the aisle.

Continue Reading Below

Rep. Jackie Walorski (R-Ind.) and Rep. Terri Sewell (D-Ala.) are co-sponsoring a bill that would prevent the Trump administration from hitting foreign car companies with a punishing tariffs.

“We should use a scalpel not an axe," Sewell said on FOX Business’ “Countdown to the Closing Bell” Wednesday.

MORE FROM FOXBUSINESS.COM

“Huge devastation if we had retaliatory taxes,” Congresswoman Walorski added.

Many of the foreign cars made in America, including BMW and Mercedes-Benz, are shipped overseas and the tax would have a trickle-down effect on them. The bipartisan supported bill would require the Defense Department instead of the Commerce Department to decide whether automobiles are a national security threat.

CLICK HERE TO GET THE FOX BUSINESS APP

“When you start talking about Section 232, it just makes sense to both of us why is that the commerce department is making that decision and not the Department of Defense,” Sewell explained.

What do you think?

Click the button below to comment on this article.