MEMA Supports Amendment Requiring Congressional Approval of Some Tariff Actions
The Motor & Equipment Manufacturers Association (MEMA) supports the common-sense amendment introduced by Senators Corker and Toomey to require congressional approval before the president can adjust imports that are deemed to threaten our nation's security. This amendment does not limit the president's authority to initiate investigations or conduct free trade. If this amendment comes to a vote during the debate of the National Defense Authorization Act, MEMA urges a vote in favor of the amendment.
MEMA represents the motor vehicle supplier industry, the largest sector of manufacturing jobs in the United States, directly employing over 871,000 Americans.
Motor vehicle parts manufacturing employment is up 19 percent in the last five years. This growth in jobs has been possible because motor vehicle parts suppliers operate in an integrated, complex global supply chain. Access to worldwide markets is critical for the motor vehicle parts industry to remain competitive.
Open and reciprocal trade is essential to the success of motor vehicle parts suppliers and the jobs we create in the United States. This industry has questioned and vocally opposed the imposition of tariffs on steel and aluminum imports and the initiation of an investigation into automobiles and motor vehicle parts under the guise of national security. This amendment does not impede our national security or the economic security of our country.