Advancing American Freedom Foundation, founded by former Vice President Mike Pence, is ramping up attacks on Trump administration tariffs, arguing levies are hurting the auto sector.
Car manufacturers, from Toyota Motor Corp. to Tesla Inc., paid $11.7 billion in tariff costs in the second quarter of this year, according to a memosent late Tuesday to every member of Congress and shared with Bloomberg Government.
President Donald Trump’s “tariff taxes are hammering the bottom lines of both foreign and domestic car manufacturers,” states the memo. “Rather than restoring America’s auto industry to international glory, tariffs are ...