LEADING TRADE ASSOCIATIONS URGE PRESIDENT TRUMP NOT TO IMPOSE TARIFFS ON IMPORTED VEHICLES OR MOTOR VEHICLE PARTS
Washington, D.C. – Several leading trade associations, including the Association of Equipment Manufacturers (AEM), Truck & Engine Manufacturers Association (TEMA), the National Marine Manufacturers Association (NMMA), the Remanufacturing Industries Council, the American Rental Association (ARA), Associated Equipment Distributors (AED), the Heavy Duty Manufacturers Association (HDMA), and the American Bus Association (ABA) issued the following statement today on a letter sent to President Trump warning about the economic threat of the Section 232 Investigation on the national security implications of imports of automobiles, including cars, SUVs, vans, and light trucks, and automotive parts:
“We urge President Trump and his administration not to go through with imposing tariffs on any imported vehicle or motor vehicle parts. Implementing these tariffs threatens the jobs of millions of American workers and would likely result in the loss of billions of dollars to the U.S. economy. The Section 232 Investigation on the national security implications of imports of automobiles, including cars, SUVs, vans, and light trucks, and automotive parts ultimately poses a serious economic threat to our nation’s whole economy and the well-being of our manufacturers, dealers, employees and customers. Any remedy proposing quotas or tariffs would undermine the benefits of tax and regulatory reform and must not be implemented.”
About the Association of Equipment Manufacturers (AEM)
AEM is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 1,000 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year. For more information, visit www.aem.org.
About the Truck & Engine Manufacturers AssociationThe Truck and Engine Manufacturers Association (EMA) represents worldwide manufacturers of internal combustion engines and on-highway medium- and heavy-duty trucks. EMA works with government and industry to help the nation achieve its goals of cleaner air and safer highways and to ensure that environmental and safety standards and regulations are technologically feasible cost-effective, and provide safety and environmental benefits. For more information, visit www.truckandenginemanufacturers.org.
About the National Marine Manufacturers AssociationThe National Marine Manufacturers Association (NMMA) is the nation’s leading trade association representing boat, marine engine and accessory manufacturers. Collectively, NMMA members manufacture an estimated 80 percent of marine products used in North America.
NMMA is a unifying force and powerful voice for the recreational boating industry, working to strengthen and grow boating and protect the interests of its member companies. For more information, visit www.nmma.org.
About the Remanufacturing Industries CouncilThe Remanufacturing Industries Council (RIC) is a strategic alliance of businesses and academic institutions that works across industry sectors to support the entire remanufacturing industry through a combination of collaboration, education, advocacy, and research. For more information, visit www.remancouncil.org.
About the American Rental AssociationThe American Rental Association (ARA) is the international trade association for owners of equipment rental operations and manufacturers and suppliers of rental equipment. The current membership includes more than 10,000 rental operations and more than 1,000 manufacturers and suppliers. For more information, visit www.ararental.org.
About Associated Equipment Distributors
Associated Equipment Distributors (AED) is the international trade association representing companies involved in the sale, rental, servicing and manufacturing of construction, mining, farm, energy, forestry and industrial equipment, and related supplies. Its more than 470 distributor members, which are predominantly small-medium-sized, family-owned businesses, have over 3,500 locations, employ 120,000 workers and account for more than $51 billion of annual sales revenue of equipment and related supplies and services in the U.S. and Canada. For more information, visit www.aednet.org.
Based in North Carolina, HDMA is the Commercial Vehicle Division of the Motor & Equipment Manufacturers Association (MEMA), a major industry association with a forward-looking strategy and a 111-year legacy of advocacy for the motor vehicle supplier industry. A member driven organization, HDMA provides industry leadership for NAFTA based original equipment and aftermarket suppliers in the on and off-highway commercial vehicle equipment industry. This is accomplished through a range of services to its more than 200 member companies, which represent direct employment of nearly 200,000 in their US facilities. For more information, visit www.hdma.org or www.mema.org.
About the American Bus Association
The American Bus Association (ABA) is the trade organization of the intercity bus industry, with more than 1,000 motorcoach and tour company members in the United States and Canada. Its members operate charter, tour, regular route, airport express, special operations and contract services. Another 2,800 members are travel and tourism organizations and suppliers of bus products and services who work in partnership with the North American motorcoach industry. For more information, visit www.buses.org.
David Ward, Association of Equipment Manufacturers, email@example.com
Tia Sutton, Truck & Engine Manufacturers Association, firstname.lastname@example.org
John Michael, National Marine Manufacturers Association, email@example.com
Jenn Brake, Remanufacturing Industries Council, firstname.lastname@example.org
John McClelland, American Rental Association, email@example.com
Melanie Hinton, American Bus Association, firstname.lastname@example.org