WASHINGTON, Aug 23 (Reuters) - The head of a broad coalition of Japanese, German and South Korean automakers warned on Friday that renewed punitive Chinese tariffs on U.S. autos would hurt U.S. vehicle exports to China and put U.S. jobs at risk.
“The tit-for-tat tariffs, absent any meaningful negotiations, are damaging to the American auto industry,” John Bozzella, who chairs the ad-hoc group “Here for America,” said in a statement.
“When these tariffs were initially imposed by China in 2017, American exports of finished vehicles dropped by 50 percent. We can’t let that happen to American workers again,” added Bozzella, who also is chief executive of the Association of Global Automakers, a trade group representing Toyota, BMW, Volkswagen, Hyundai Motor and other foreign-owned brands building vehicles in the United States. (Reporting by David Lawder)