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UPDATED: 7/19/18 11:46 am ET - adds testimony

Ross says it's 'too early' to say if U.S. will impose auto tariffs

Commerce Secretary Wilbur Ross said it was "too early" to say if the United States would impose tariffs of up to 25 percent on imported cars and parts.

Asahi Kasei to buy interiors supplier Sage for $1.1 billion

Japan's Asahi Kasei said it would buy U.S. automotive interior supplier Sage Automotive for $1.06 billion, including debt.

UPDATED: 7/19/18 11:46 am ET - adds testimony
UPDATED: 7/19/18 6:29 am ET - adds written testimony
Auto industry to tell Commerce Dept. to ditch tariff proposal

A wide spectrum of auto interests, armed with the latest impact studies, will warn at a Commerce Department hearing Thursday that raising auto tariffs would severely harm the industry and consumers.

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