Partners Levi McAllister and Katie Hilferty, and associate Casey Weaver were quoted in Automotive Dive, providing insights on key issues facing the automotive industry as President-elect Trump prepares to take office, including tariffs, trade agreements, and vehicle emissions standards.
Despite the Trump-Vance transition team’s plans to unravel EV provisions of the Inflation Reduction Act, doing so could be more difficult than expected due to significant EV manufacturing investment by automakers in regions often represented by Republican lawmakers. “It could have real political impacts on constituents in areas that are historically supportive of the administration,” Levi said.
In addition, the incoming administration could use targeted tariffs as a negotiating tool with Mexico, “particularly as President-elect Trump favors bilateral rather than multilateral trade agreements,” Katie and Casey said. “It would not be surprising for President-elect Trump to withhold renewal of the agreement to encourage the Mexican government to agree to stronger controls on these exports.”