Auto Care Association President and CEO Bill Hanvey testified on June 18 before the U.S. Trade Representative (USTR) in Washington, D.C. on the latest proposed fourth Section 301 tariff list on imports from China. Hanvey voiced our 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 our industry’s supply chain.
Hanvey testified that its members are experiencing many challenges as a result of the Section 301 tariffs, including heavy financial strain from absorbing tariff-related costs, decrease in demand for products, margin pressure and negative cash
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