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News   May 31, 2019   by Allan Janssen

MEMA opposes tariffs on Mexico imports, urges implementation of USMCA


The Motor & Equipment Manufacturing Association says imposing tariffs on all goods crossing the Mexican border will not provide a more secure border for the U.S.
In a statement released today (May 31) the association said tariffs would only serve as an additional tax on the American people by increasing the cost of goods and putting jobs and investment in the U.S. at risk.
In 2018, two-way trade with Mexico in auto parts totaled US $165 billion.
Tariffs also put the U.S.-Mexico-Canada Agreement (USMCA) at serious risk, the association said.
“This agreement must be in place for our industry to continue to support manufacturing job growth in the U.S.,” the press release stated. “The potential ripple effects of the proposed Mexican tariffs on U.S., North American and global trade efforts could be devastating.”
MEMA strongly urged U.S. President Donald Trump to withdraw the threat of tariffs on Mexican imports and to return to the important work with Congress to ratifying the USMCA. The approval of the USMCA will provide the American people and the motor vehicle parts industry with stable, long-term manufacturing and job growth in the United States. The benefits of a stable and secure trading relationship with Mexico and Canada.

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