Auto Industry Declares War on Trump Over NAFTA

We’re winning with NAFTA,” declared a newly formed coalition, Driving American Jobs, on its website. Comprised of automakers including General Motors, Toyota and Volkswagen, as well as the American International Automobile Dealers Association and the Motor & Equipment Manufacturers Association, the campaign has been emphasizing the benefits of NAFTA, aiming to counter the perception played up by the Trump administration that it is costing U.S. jobs.

The trade agreement, it claims, generates $1.2 trillion in North American trade and is essential to the operation of the modern auto industry.

Automakers and their suppliers are part of a “highly integrated” North American network, said analyst Cole, adding that ending NAFTA could create a nightmare scenario that could take “years to unwind.”

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