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MEMA Joins Business Groups Seeking End To Metals Tariffs

In a Jan. 23 letter addressed to Department of Commerce Secretary Wilbur Ross and United States Trade Representative Robert Lighthizer, the ad hoc coalition emphasized the importance of lifting steel and aluminum tariffs with North American trade partners in advance of ratification of the new United States, Mexico, Canada Agreement (USMCA).

OESA Board Member Testifies On Behalf Of MEMA On Negative Effects Of Proposed Tariffs

Michael Haughey, president and CEO of North American Stamping Group, testified Sept. 26 before the Senate Finance Committee during a hearing focused on the impact of Section 232 tariffs on the U.S. automotive industry.

Auto Care Association Issues Statement On Senate Finance Committee Hearing On Tariffs

“A recent economic study completed for the Auto Care Association by John Dunham and Associates found that a 25 percent tariff on imported auto parts could cause a reduction of 17,800 jobs in the auto parts manufacturing sector, resulting in $1.4 billion in lost wages,” wrote Auto Care Association President and CEO Bill Hanvey.

USTR Finalizes Tariffs On Additional $200 Billion Of Chinese Imports 

Among the automotive related items included on the list are a number of types of belts, tires, chemicals, raw materials and other products.

Moody’s: Global Auto Sector Outlook Will Remain Stable Despite Tariffs

Moody’s Investors Service today issued its outlook for the global auto industry, projecting that the industry will remain stable into 2019 despite tariffs, thanks to steady car sales.

Auto Care Association President Bill Hanvey Testifies On Latest Section 301 China Tariffs

Hanvey warned the administration that the cost of an additional tariff would cause severe economic harm to the U.S. automotive industry and U.S. consumers.

Automotive Tariffs Would Push Consumers To Buy Used Vehicles, Study Finds

Forty-one percent of current car shoppers polled said that tariffs on new vehicles would cause them to buy a used vehicle. This was the most common response by a wide margin, Autolist found.

Associations, Suppliers Testify Before DOC On Section 232 Tariffs

The Department of Commerce expects to make a decision on the proposed tariffs in August 2018.

Auto Care Association Joins Auto Groups Opposing Tariffs in Open Letter to President Trump

In an open letter to President Trump, the seven auto groups urged the president that “raising tariffs on autos and auto parts would be a massive tax on consumers who buy or service their vehicles – whether imported or domestically produced.”

MEMA Responds To Trump Administration Announcement Of Additional 301 Tariffs On China

This response from MEMA is one of several that industry associations and companies have released recently, including statements from the Auto Care Association, MACS, SEMA, Hellwig and more.