MEMA Issues Statement Strongly Opposing Steel And Aluminum Tariffs Proposed By Trump Administration
“The tariffs announced today will be detrimental to the motor vehicle parts supplier industry and the 871,000 U.S. jobs it directly creates,” said MEMA President and CEO Steve Handschuh.
DOC Error Leads To Higher Anti-Dumping Tariffs
The Department of Commerce is correcting two “significant ministerial errors,” leading to greater tariffs for every manufacturer and importer.
Commerce Department Gives Go-Ahead On New China Tariffs
According to the United Steelworkers (USW) union, the U.S. Commerce Department decided in its favor yesterday, granting the USW legal standing to pursue additional duties on imported China-produced consumer tires. The Commerce Department ruling came three days prior to the established deadline for it to determine the union’s legal standing to seek such government action.
China’s Request for Investigation into Tire Tariffs Denied
At Monday’s meeting, the Chinese delegation reiterated that the U.S. restriction on tires from China “is a compromise to the pressure of domestic protectionism interests,” Xinhua reported.
Obama Signs Agreement to Apply Tariffs on Chinese Imported Tires
The additional duty to passenger vehicle and light truck tires — complementing the existing 4 percent duty — will be set at 35 percent for the first year, 30 percent the second year and 25 percent the third year.
Petition Opposing China Tire Tariffs Rapidly Gaining Signatures
“China is a friend and valuable partner on a wide range of energy, environmental, foreign policy and bi-lateral security initiatives vital to America’s national interests. Igniting a destructive trade war with our largest trading partner and investor will not bring back a single lost job in an entry-level tire manufacturing segment that left the U.S. years ago and can never be profitable here,” the letter reads.
SURVEY RESULTS: 83 Percent Support Push for Tariffs on Chinese Imported Tires
When asked: Do you believe a tariff on imported Chinese tires is necessary? 83 percent of AMN readers said yes, leaving just 17 percent not in favor of the tariffs.
USW Reiterates Need for Tariffs to Halt Surge of Chinese Tires Flooding Domestic Market at Final Public Hearing
Urges USTR to recommend to President Obama remedy proposed by ITC.
ITC Pulls Plug on Steel Tariffs
Automakers and other users of high-grade steel won a major victory last week when the International Trade Commission (ITC) revoked all tariffs and duties it had previously placed on imported steel. A coalition of automakers – including Toyota, DaimlerChrysler, Ford, Nissan, General Motors and Honda – had sought removal of the 13-year-old tariffs, which impacted carbon steel plate from 16 countries.
EDITORIAL: To Save Detroit, U.S. Needs Tariffs
The accelerating woes of Ford and GM and the ongoing crisis in the auto parts industry have produced vows from Detroit that business-as-usual won’t continue. Yet, unless business-as-usual in U.S. trade policy ends too, and Washington imposes sweeping emergency tariffs on imports of manufactured goods, the American-owned automotive industry will soon disappear, and along with it much of the rest of America’s core manufacturing.