MEMA issued a statement opposing the re-imposition of Section 232 Aluminum Tariffs on imports from Canada. “The U.S. should not be levying unilateral tariffs on a USMCA ally, particularly at the time of entry into force of that successful agreement,” the statement said. “The last thing (MEMA members) need are cost increases on key inputs which will ultimately only raise prices on already suffering U.S. consumers.”
Previously, Section 232 steel and aluminum tariffs were imposed on Canada and Mexico from March 23, 2018 to May 19, 2019. That suspension of the tariffs helped assuage business and Capitol Hill concerns and provided positive momentum toward the final USMCA negotiations.
The U.S. business community, including MEMA, supports a smooth entry into force of the USMCA on July 1. While MEMA member companies are facing some challenges in implementing the complex new auto rule of origin provisions, the USMCA overall enhances North American supply chains and U.S. job creation.