That's not getting tough. It's getting wet. And eventually it means sinking the boat that's headed for greater growth and prosperity. As the Congressional Budget Office pointed out, this would destroy more jobs than it would create. It would add significantly to the cost of new cars and these costs of protecting one group of workers would be passed on to another group down the line whose jobs would then be jeopardized.
Protectionism only opens the door to retaliation.
We would buy less from our partners, they would buy less from us. The world economic pie would shrink and political tensions would multiply. The local content rule is a cruel hoax. We propose a positive approach. We want to enhance the ability of U.S. producers and workers to compete on a fair and equitable basis in the world marketplace.