NEMA: China tariffs will penalize American manufacturers

 

 NEMA: China tariffs will discriminate against American manufacturers

16. May 2018 – Today, the National Electrical Manufacturers Association (NEMA) has testified on behalf of NEMA member companies and the 360,000 American workers who worked in the electrical and medical imaging industries. The Office of the US Trade Representative (USTR) would receive a 25% interest Propose duty for more than 100 electrical and medical imaging products and inputs.

“According to US government data, we estimated the value of Chinese supplies for 2017. US manufacturers of electrical and medical imaging equipment totaled about $ 9 billion, or just under a fifth of the total of $ 50 billion. Dollars that the proposal is aimed at, “said NEMA Vice President Government Affairs Kyle Pitsor. “If the 25 percent tariffs are implemented as proposed, they would represent a tax increase for US manufacturers and their industrial, commercial and residential customers worth about $ 2.25 billion.”

Many US electrical manufacturers produce their own products in China or purchase finished products and components from contractors in China to support their US operations. The USTR proposal would impose a 25 percent tariff on more than 100 product types within or adjacent to the NEMA scope – as well as many other items entered into US-based manufacturing. Affected are products ranging from electric motors to transformers and switchgear to LED chips, home thermostats and medical imaging equipment such as CT, MRI and X-ray machines.

“When these are introduced, the tariffs increase the tax burden on US manufacturing companies, which are already at a competitive disadvantage due to import tariffs on steel and aluminum.” The inaccuracy of broad tariffs will cause collateral damage in global supply chains, better avoided “, added Pitsor.

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“US medical and imaging manufacturers support an approach that leads to fair and open global markets through the application of clear, binding and enforceable trading rules and compliance with international intellectual property standards,” Pitsor said. “We urge the government to consider and pursue alternative measures to bring about the necessary changes in Beijing that will lead to free and fair trade in our global marketplace.”

About NEMA

The National Electricity Producers Association (NEMA) represents nearly 350 manufacturers of electrical and medical imaging equipment that manufacture safe, reliable and efficient products and systems.

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