NAFTA changes could cost US auto industry jobs, raise car prices: study

Imposing new tariffs on imports from Canada and Mexico could raise the price of new cars in the US by an average of $1,100 and eliminate as many as 50,000 US jobs, according to a new study Wednesday.The Motor Equipment Manufacturers Association (MEMA) said the study shows the dangers of changes to the North American Free Trade Agreement, including steps such as a border adjustment tax or new duties.Xavier Mosquet, a senior partner at the Boston Consulting Group and lead author of the study condu