General Motors warned Friday that another wave of tariffs being considered by the Trump administration could force the company to cut back on its business and cost American jobs.
In comments to the Ministry of Commerce, the automaker said, if approved, the prices of individual vehicles could rise by thousands of dollars and dampen demand. Such costs would have to be borne either by the consumers or by the company.
Last month, President Trump ordered an investigation into whether imported cars and automotive components could pose a national security threat to justify an inch of duty, up to 25 percent. If he continues, it would aggravate a global trade war that has affected allies and enemies. In recent months, the government has imposed tariffs on imported steel and aluminum as well as on China-related measures.
Several other automakers and manufacturer organizations, including the National Association of Manufacturers, BMW and Volvo, have also commented on the tariffs envisaged for foreign automakers and part suppliers.
"Increased import duties could lead to a smaller GM, a reduced presence at home and abroad for this iconic American firm, and less risk – no more – US jobs," General Motors wrote in its comment.
The duties would result in "broad-brush trade barriers that increase our global costs, remove a key means of competition with manufacturers in low-wage countries, and promote a trading environment in which we could be retaliation in other markets," the company said.
General Motors pointed to other possible consequences, including "less investment, fewer jobs and less water".
"The carry-on effect of less investment and a smaller workforce could delay breakthrough technologies and jeopardize US leadership in the next generation of automotive technology," the company wrote.
A GM spokeswoman Dayna Hart said that the company did not have contingency plans calling for job cuts, but that "something could happen."
"We still evaluate the impact," she added.
General Motors wrote in his commentary that It has 47 manufacturing facilities, 25 service part facilities and 110,000 employees in the United States, where it carries out most of its research and development, design, engineering and other work.
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Neal E. Boudette contributed to the coverage.