Navarro Says GM’s Warning on U.S. Tariffs Is ‘Smoke and Mirrors’
- German carmaker says in letter it supports many U.S. jobs
- Navarro says auto warnings on tariffs are ‘smoke and mirrors’
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BMW AG is the latest company to urge the U.S. not to impose tariffs on auto imports, joining General Motors Co. in pressing its case to Commerce Secretary Wilbur Ross, even as a top aide to President Donald Trump dismissed the concerns as “smoke and mirrors.”
“It seems that the threat to impose these sanctions is designed to achieve certain goals,” the newspaper Welt am Sonntag reported, citing a copy of BMW’s letter to Ross.