Update On The China 301 Product Exclusion Process
USTR has been opening a process for extension requests approximately two months before the tranche of exclusions ends.
450+ Associations, Companies Urge Tariff Relief Amid Pandemic
The collection of business groups urged tariff suspensions to assist companies in combating the coronavirus epidemic.
Auto Associations, Businesses Request Trump Suspend Tariffs
Americans for Free Trade called on President Trump to suspend tariffs as part of the administration’s emergency measures.
US And China Reach Phase 1 Deal
The reduction of tariffs to 7.5 percent on products on list 4a and the cancellation of tariffs on list 4b are an important start, according to MEMA, but the association encourages the administration to review the 25 percent tariffs still in place on $250 billion of goods.
US Trade Representative Announces Next Steps On Proposed 10 Percent Tariff On Imports From China
Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent.
Auto Care Association CEO Bill Hanvey: Tariffs Are Hurting The Aftermarket, Making Roads Less Safe
Hanvey voiced the association’s support for the Trump administration’s efforts to address China’s unfair trade policies but warned the administration of the negative impact tariffs are having on the industry’s supply chain.
Auto Care Association Alerts Members To New Trump Tariffs On All Imports From Mexico
The United States will impose a 5% tariff on all goods imported from Mexico beginning on June 10. According to the statement, tariffs will permanently remain at 25% “until Mexico substantially stops the illegal inflow of aliens coming into its territory.”
MEMA And AASA Strongly Oppose New Tariffs On Mexico Imports; Urges Return To The Hard Work Of Implementing The USMCA
AASA and MEMA say they share President Trump’s concerns about security at the U.S. – Mexico border. However, imposing tariffs on all goods crossing the Mexican border will not provide a more secure border, the associations believe.
AutoZone Has ‘Significant Exposure’ To Products Sourced From China, CEO Says
AutoZone just reported strong sales numbers for its fiscal third quarter. But with the cloud of a trade war hanging over the U.S. economy, AutoZone CEO Bill Rhodes made a point to talk about tariffs during the company’s May 21 conference call.
USTR Releases New Fourth Tariff List On Imports From China
On its end, China this week announced plans to raise tariffs on $60 billion of U.S. goods as retaliation to the U.S. decision to hike tariffs on Chinese goods, the Chinese Finance Ministry announced May 13.
Tariffs And Trade Drama Aren’t Going Away Soon, AASA Panel Says
Regardless of whether the Trump administration can broker a trade deal with China, panelists at the Automotive Aftermarket Suppliers Association’s (AASA) 2019 Vision Conference in Dearborn, Michigan, had a message for the automotive aftermarket: Expect trade drama with China to be a fact of life for the next several years.
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).
