The Trump administration decided to move forward with the majority of its proposed $50 billion in tariffs on imported goods from China as a key deadline came and went at midnight on Friday, July 6.
The U.S. Customs and Border Protection is now collecting duties on about $34 billion worth of goods, which were included on a list published earlier this year. Another $16 billion worth of imports from China will undergo further review in a public notice and comment process, including a public hearing.
In a statement, AEM expressed its disappointment with the decision and warned that the tariffs will drive up the cost of manufacturing in the U.S. and risk many of the 1.3 million good-paying manufacturing jobs the industry supports.
AEM also continued its ongoing effort push back against the escalating trade war with China through the media, highlighting the negative impact on the industry. AEM President Dennis Slater was quoted in stories by The Hill (Trump’s trade war with China shifts into high gear Friday), Politico (U.S. companies are already feeling the impact of earlier tariffs), and NPR News.
AEM is also working closely with many member company executives to highlight how the tariffs will impact equipment manufacturing companies. Mike Haberman, president of Gradall Industries, was featured in the Financial Times (U.S. industry starts to feel pain of trade disputes), while Austin Ramirez, president and CEO of HUSCO International, was quoted in The New York Times (Trump’s Trade War With China Is Officially Underway),The Associated Press (China warns of ‘counterattack’ as U.S. trade tariffs take effect), and Fox News (China hits back after U.S. imposes tariffs on $34 billion in Chinese imports).
Member company executives interested in speaking with the press should contact AEM Director of Public Affairs David Ward at firstname.lastname@example.org.
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