AEM Responds to Supreme Court IEEPA Ruling

WASHINGTON, D.C. – Association of Equipment Manufacturers (AEM) Senior Vice President of Government and Industry Relations Kip Eideberg issued the following statement on the Supreme Court's decision to halt tariffs under the Internation Emergency Economic Powers Act (IEEPA): 

“Today’s Supreme Court ruling that the IEEPA tariffs are unlawful is welcome news for equipment manufacturers, who have spent the last year navigating higher input costs and mounting trade uncertainty. We support the Administration's efforts to bring manufacturing back to the United States and secure domestic supply chains, but tariffs on critical parts and components have significantly raised the cost of domestic manufacturing and have made U.S.-made equipment less competitive in America as well as in foreign markets. This has resulted in disrupted supply chains, delayed capital investments, reduced investment in R&D, and a slowdown in the expansion of domestic manufacturing capacity. 

“Importantly, even with IEEPA tariffs being overturned, equipment manufacturers still face Section 232 tariffs on steel and aluminum, which raise the cost of critical parts and components that are not produced in the U.S. What equipment manufacturers need most is certainty so they can make long-term decisions that benefit their workers, their customers, and the broader U.S. economy.” 

"We urge the administration to use today’s ruling as an opportunity to chart a new course for tariff policy and secure more trade agreements that expand market access for America’s equipment manufacturers. Fair, balanced, and mutually beneficial trade relationships with our allies and partners keep supply chains resilient, commerce flowing, and support millions of equipment manufacturing jobs across the country."