NEMA Says Proposed China Tariffs Materially Disadvantage Manufacturers
ROSSLYN, Virginia —The National Electrical Manufacturers Association (NEMA) testified on behalf of NEMA Member companies and the 360,000 American workers employed in the electrical and medical imaging manufacturing workforce who would be materially affected by the Office of U.S. Trade Representative’s (USTR) proposed 25 percent tariff on more than 100 electrical and medical imaging products and inputs.
“According to U.S. government trade data, we have estimated the 2017 value of Chinese shipments to U.S.-based electrical and medical imaging manufacturers was approximately $9 billion, or slightly less than 1/5 of the entire $50 billion in imports targeted by the proposal,” said NEMA vice president government affairs Kyle Pitsor. “If the 25 percent tariffs are implemented as proposed, they would represent a tax increase on U.S. manufacturers and their industrial, commercial, and residential customers valued at about $2.25 billion.”