Withdrawal from NAFTA would cost U.S. jobs, CAR study finds

Workers assemble the under carriage of a vehicle at Nissan's Canton, Miss., plant in Sept. Withdrawing from NAFTA and implementing a 35 percent tariff on imported vehicles and parts, as President-elect Trump has repeatedly pledged, would cause vehicle prices to spike, the U.S. market to shrink and at least 31,000 U.S. auto manufacturing jobs to be lost, according to a new study. (BLOOMBERG)

January 17, 2017 05:00 AM

President-elect Donald Trump’s vows to renegotiate NAFTA and pursue more protectionist trade policies likely would have a negative effect on the U.S. auto industry, a new study found.

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