Posts tagged auto parts
Face The Nation UAW president Shawn Fain says “tariffs are a tool in the toolbox” in helping auto workers
April 1, 2025 // "Tariffs are a tool in the toolbox to get these companies to do the right thing, and the intent behind it is to bring jobs back here, and, you know, invest in the American workers," Fain told CBS News chief Washington correspondent Major Garrett in an interview that aired Sunday on "Face the Nation with Margaret Brennan." Mr. Trump announced the 25% tariffs last week, which he said will take effect on April 2, escalating his administration's effort to boost domestic manufacturers through aggressive trade measures. Fain, who leads the 400,000-member union that went on a 46-day strike in 2023, called the tariffs a "motivator,"
United Auto Workers Union Praises Trump’s Tariffs on Canada, Mexico
March 5, 2025 // The UAW is blaming corporate America for the potential price hikes brought by Trump’s tariffs on a range of Mexican and Canadian goods including electronics, agricultural products, vehicles, and auto parts. Markets reacted negatively to the onset of Trump’s tariffs Tuesday as many economists expect prices to increase because of them. The labor union is hoping to work with the Trump administration on the auto tariffs Trump has promised for next month.