In a statement, the Motor & Equipment Manufacturers Association (MEMA) announced its opposition to the latest round of tariffs announced by the Trump Administration on July 31 on products imported from China. “MEMA has repeatedly called for China and the United States to work together to reach a trade agreement that works for both countries. […]
Tennessee Auto Care Companies Discuss Tariffs, Vehicle Data Access with Senator Blackburn
Executives from nine auto care industry companies met with U.S. Senator Marsha Blackburn, R-Tenn., on Friday, July 19, in Memphis for a roundtable discussion facilitated by the Auto Care Association on the industry’s most pressing public policy priorities. The roundtable began with an overview of the auto care industry’s significant presence in Tennessee, exemplified by […]
Auto Care Association President Testified on China Tariffs
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 […]
Auto Manufacturers and Parts Suppliers Applaud Mexican Passage of USMCA
Mexico is the first country to ratify the new free trade agreement for North America. Vehicles manufacturers and OEM and aftermarket parts suppliers are applauding the ratification yesterday by Mexico of the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated last year to replace the existing North American Free Trade Agreement (NAFTA). The agreement includes updated rules […]
Automotive OEM and Aftermarket Associations Relieved Over Suspension of Mexico Tariff Threat
Auto industry and insurers already concerned about impact of tariffs on parts prices were concerned Mexico tariffs would have had enormous impact on costs and ultimately premiums. Several automotive industry association expressed relief that the U.S. and Mexico reached an agreement last week to remove the threat of U.S. tariffs on products from Mexico. The […]
Trump Administration Delays Action on Auto and Parts Tariffs 180 Days
Move will allow time for negotiations on trade in automobiles and parts under national security investigation. Announces agreement removing aluminum and steel tariffs on Canada and Mexico. President Trump issued a proclamation directing his Administration to pursue negotiations to protect the U.S. automobile industry. At the President’s direction, the United States Trade Representative will immediately […]
MEMA Policy Breakfast to Address Auto Parts Tariff Threats on April 9
The Motor & Equipment Manufacturers Association (MEMA) will hold a policy panel discussion titled Tariffs on Autos and Auto Parts: Auto Parts Are Not a Threat to National Security on April 9, at the National Press Club in Washington, D.C. Now that the Department of Commerce has completed a Section 232 national security investigation of […]
Business Groups Support Legislation Limiting Presidential Tariff Powers
The Motor & Equipment Manufacturers Association (MEMA) has joined 29 other business organizations calling for Congress to support legislation that would place new limits on presidential authority to impose tariffs for national security reasons. In a letter addressed to Congress, MEMA and the other groups supported the Bicameral Congressional Trade Authority Act of 2019 (BCTAA), […]
U.S.-Mexico-Canada Trade Agreement Signed
Today at the G20 Summit being held in Argentina, the United States, Canada and Mexico signed the new trade agreement announced in October to replace the North American Free Trade Agreement. The new United States-Mexico-Canada Agreement (USMCA) centers on the auto industry and the Trump Administration’s desire to have higher North American-produced content in automobiles […]
PCI Reports Tariffs Could Increase Collision Repair Claim Costs $3.4 Billion
The Property Casualty Insurers Association of America (PCI) made a presentation Saturday to the National Association of Insurance Commissioners’ (NAIC) Property and Casualty Insurance (C) Committee on the potential effect of tariffs on auto insurance costs and consumers. “Tariffs on auto parts could have a significant adverse economic impact on consumers, automobile repair providers, business, […]