MACS Members Voice Concerns On Tariffs
In the May issue of MACS ACtion, Keith Leonard, MACS’ general counsel, warned that tariffs were “a two-edged sword.”
Study Finds More Than 100,000 Industry Jobs At Risk With Tariffs On Imported Auto Parts
In a study provided by the Auto Care Association in comments to the U.S. Department of Commerce, it was 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.
SEMA Warns Current Tariffs Are A Tax On American Companies And Consumers
SEMA members have seen steep price hikes for steel and aluminum and are now having to make tough decisions about passing those costs along to the consumer, says the association.
White House Publishes New Lists Of Chinese Imports Subject To Tariffs
Last Friday, June 15, the Trump Administration released a statement announcing a 25 percent tariff on $50 billion of goods from China and published two lists: a finalized list of 818 entries subject to the tariff beginning July 6, and another list of 284 additional entries for review and comment.
MEMA Responds To Trump Administration Announcement Of 301 Tariffs On China
MEMA believes that retaliatory tariffs could negate the Trump administration’s recent successful work, such as tax reform, conducted on behalf of American companies.
Analysis: Trump’s Proposed Auto Tariffs Would Reduce US Auto Jobs
A new analysis by the Peterson Institute for International Economics concluded that if Trump did carry out the duties, there could be a loss of 195,000 U.S. auto industry jobs in a one- to three-year period.
Hellwig Makes Statement On Steel Tariffs And Their Implications On American Manufacturing
Because of skyrocketing raw material costs, American manufacturers using domestic raw materials are being forced to either slash margins or raise prices, says Hellwig’s President Melanie Hellwig White.
MEMA Responds To Trump Administration Announcement Of Steel And Aluminum Tariffs On Canada, The European Union And Mexico
Many specialty steel and aluminum materials imported by motor vehicle suppliers are used by hundreds of vehicle parts manufacturers operating in an integrated, complex global supply chain.
MEMA Issues Statement Following Launch Of DOC Probe Into Auto Tariffs
MEMA urges the administration to reconsider this action and pursue alternative ways to forge more positive trade relationships.
Auto Care Association Testifies Before United States Trade Representative On Section 301 China Tariffs
The tariffs are part of a proposed action by the administration to address unfair acts, policies and practices by China that are related to technology transfer, intellectual property and innovation.