Tariffs Archives - Page 3 of 5 - aftermarketNews
MEMA Applauds Letter Calling For USTR To Establish Tariff Exclusion Process On Chinese Goods

A letter sent Oct. 15 to United States Trade Representative Robert Lighthizer calls for a process that would allow U.S. companies to request an exclusion from tariffs imposed on $200 billion of Chinese imports.

Viewpoint: Replacement Auto Part Standards And Regulations

For a technician, nothing is worse than ordering a part and finding out that it doesn’t fit or perform like the original. Can standards and regulations prevent this from happening?

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.

Publisher’s Perspective: Did You See This Headline?

“I think there’s a much deeper economic reason that tariffs are a bad idea,” writes AMN Publisher Scott Shriber. “Arguing that the prices of these parts will rise due to the tariffs – and thus postpone or even cancel consumers’ repair plans – is an immediate concern, and one that Washington should consider carefully. But it’s not the whole story.”

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.

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.

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.”