Also announced doubling of tariffs on imports from China to 20%. The Trump Administration announced yesterday it is implementing tariffs on Canada and Mexico under the International Emergency Economic Powers Act (IEEPA) today to combat the threat to U.S. national security, including public health, posed by unchecked drug trafficking. The new tariffs include: 25% tariff […]
Trump Administration Restores Section 232 National Security Tariffs on Steel and Aluminum Imports
Automotive parts associations warn on impact to supply chains and prices. On February 10, the White House announced President Donald J. Trump signed proclamations to close existing loopholes and exemptions to restore a 25% tariff on imported steel and elevated the tariff to 25% on aluminum. According to the White House, President Trump was exercising […]
ABPA Warns of Repair Cost and Total Loss Impact from Proposed New Tariffs on Steel and Aluminum
Association says tariffs would affect costs of both OEM and aftermarket collision repair parts. The Automotive Body Parts Association (ABPA) warns that President Trump’s February 9 announcement of new 25% tariffs on steel and aluminum imports, expected to be officially announced today, could drive up the cost of collision repair parts. The announcement came during […]
Auto Care Association and MEMA Raise Concerns on Automotive Industry Impact of Trump Administration’s Tariffs on Canada, Mexico, China
Announced Saturday and scheduled to go effect on Tuesday, Mexico tariffs now on hold for one month. On Saturday, President Trump issued three executive orders imposing tariffs on imports from Canada, Mexico, and China for the failure of these countries to address a national emergency related to illegal immigration and flow of illicit drugs like […]
Auto Care Association January 9 Webinar Examines Incoming Trump Administration Trade and Tariffs
The Auto Care Association will host a webinar January 9 from 1-2 p.m. (EST) addressing trade and tariffs in the upcoming Trump administration. The webinar provide an in-depth analysis of the Trump administration’s approach to reshaping global trade dynamics, including its use of tariffs to address trade imbalances, to protect domestic industries, and to challenge […]
Auto Care Association Testifies at USITC Hearing on Economic Impact of Section 301 Tariffs
Asks for input on impacts of tariffs on members in survey. Auto Care Association President and CEO Bill Hanvey testified yesterday before the U.S. International Trade Commission (USITC) during a three-day long virtual hearing on the economic impacts of the Section 301 tariffs on U.S. industries. The USITC instituted the factfinding investigation in May and […]
Automotive Suppliers Celebrate USMCA Trade Pact that Takes Effect Today
The entry into force of the United States Mexico Canada Agreement (USMCA) today is being celebrated by automotive suppliers and steel producers in North America. USMCA, signed into law in January, replaces the North American Free Trade Agreement (NAFTA). According to the Trump Administration, the agreement will expand U.S. manufacturing and is vital for the […]
Auto Care Association Signs Letter Urging President Trump to Delay All Import Duties
The Auto Care Association joined hundreds of businesses and associations in the Americans for Free Trade coalition, signing on to a letter urging President Trump to delay the collection of all duties and fees on imports for March through June 2020. While thanking the president for his leadership on delaying payment of certain taxes to […]
USMCA Trade Agreement Signed into Law
At a ceremony yesterday, President Trump signed the United States-Mexico-Canada Agreement (USMCA) that will replace the North American Free Trade Agreement (NAFTA). According to the Administration, the agreement will expand U.S. manufacturing and is vital for the auto industry. Negotiated in 2018, USMCA also contains new protections for American intellectual property, digital trade provisions and […]
Business Groups Applaud Senate Passage of USMCA
Automotive and general business groups are applauding the passage of the the U.S.-Mexico-Canada Agreement (USMCA) that was negotiated in 2018 to replace the existing North American Free Trade Agreement (NAFTA). In a rare display of bi-partisanship in the face of the impeachment trial of President Trump, the Senate voted 89-10 yesterday in support of the […]