CNN’s John King and Political Strategist Karl Rove open AAPEX 2018
Las Vegas—CNN’s John King and political strategist Karl Rove gave their views on how tariffs could impact the automotive aftermarket industry during the grand opening keynote breakfast at AAPEX 2018 in Las Vegas.
King said the great unknown is what will happen post-elections, such as Special Counsel Robert Mueller’s next move, blue wave subpoenas and if President Trump will be combative or bipartisan. “We are in the age of disruption. President Trump is not the cause, but the amplifier. There is a global divide over trade, immigration and way of life.”
According to Rove, the biggest issues facing a new Congress will be trade and tariffs. “It’s easy to start a trade war, it’s hard to have a winner,” Rove said. He stressed the need for clarity on the goal of tariffs, including whether or not it is to protect intellectual property (IP) rights.
In response to an audience question about how long tariffs should be expected to continue, Rove said he didn’t know, but added he worries about the impact on the economy and automotive aftermarket businesses. When asked if the imposed tariffs on steel are working, he said, “There are always winners and losers on tariffs. In my opinion, the steel tariffs are not working.”
When asked how the automotive aftermarket gets a seat at the table, Rove encouraged the audience to attend town hall events and fundraisers and invite members of Congress to their businesses. “Carve out time to be involved in political campaigns. Over time, it will have a huge impact,” he said.
The AAPEX grand opening keynote breakfast took place Tuesday, Oct. 30, and was sponsored by Interstate Batteries. It also included a state of the automotive aftermarket industry address by Bill Hanvey, president and CEO of the Auto Care Association, and Bill Long, president and COO of the Automotive Aftermarket Suppliers Association (AASA). JC Washbish, director of marketing, Aftermarket Auto Parts Alliance, introduced Rove to the AAPEX audience.
Hanvey and Long spoke about the tremendous transformation taking place in the automotive aftermarket, and encouraged audience members to become engaged in the industry and the political process. Both organizations offer legislative summits, with the 2019 MEMA Legislative Summit taking place April 30 - May 1, 2019, in Washington, D.C., and the Auto Care Association Legislative Summit being held in conjunction with Fall Leadership Days, Sept. 18 - 20, 2019, also in Washington, D.C.