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Toyota Likens Trump's Auto Tariffs to Pulling Pin Out of Grenade

Toyota Likens Trump's Auto Tariffs to Pulling Pin Out of Grenade

(Bloomberg) -- Toyota Motor Corp. warned the Trump administration will inflict serious economic damage if it elects to hit cars and components with tariffs on national security grounds.

Implementing the levies will be like “pulling the pin out of the grenade,” Bob Carter, executive vice president of sales for Toyota Motor North America, said Tuesday at a conference affiliated with the New York International Auto Show.

To contact the reporters on this story: Chester Dawson in Southfield at cdawson54@bloomberg.net;Keith Naughton in Southfield, Michigan at knaughton3@bloomberg.net

To contact the editor responsible for this story: Craig Trudell at ctrudell1@bloomberg.net

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