Additional tariffs on products from China being considered
The U.S. Trade Representative (USTR) is seeking input as it considers an additional 25 percent tariff on a long list of products imported from China under the organization’s remit to provide “protection and enforcement of U.S. intellectual property rights.” Products include both component parts and finished goods. As part of its evaluation, the USTR held a public hearing on May 15, attended by NAFEM and several members. NAFEM also submitted public comments to the USTR, pointing out that many of the component parts that would have additional tariffs applied are used by U.S. manufacturers to produce domestic foodservice equipment. NAFEM added that “smart, economically competitive sourcing from China allows members to control costs and protect, and even expand, U.S. jobs.” NAFEM will continue to advance the industry’s perspective and keep members informed on this topic.