US tariffs pose ‘significant risks’ to UK automotive sector – NFDA
The National Franchised Dealers Association (NFDA) says the US trade tariffs of 10 per cent introduced on all UK imports to the USA, and 25 per cent on cars entering the US market pose “significant risks to the sector and the global economy as a whole.” The association appealed for the UK government to offer increased support to the sector as a result of the earthquake in global trade and its particularly severe implications for the automotive sector.