WDMA Criticizes Latest Tariffs on Mexican Products

WDMA
Photo source
www.wdma.com

Date: 3 June 2019

WDMA issued the following statement regarding the announcement by President Trump that the Administration will levy tariffs starting at 5% on all goods imported from Mexico on June 10, 2019 if the U.S. and Mexico do not come to an agreement on immigration.

The Window and Door Manufacturers Association (WDMA) issued the following statement regarding the announcement by President Trump that the Administration will levy tariffs starting at 5% on all goods imported from Mexico on June 10, 2019 if the U.S. and Mexico do not come to an agreement on immigration. Similarly, the White House announced that the tariffs could increase to 10% on July 1, 15% on August 1, 20% on September 1, and to 25% on October 1.

“WDMA has serious concerns regarding the President’s announcement that the Administration will impose tariffs starting at 5% on all goods imported from Mexico on June 10,” said WDMA President & CEO Michael O’Brien. “Even more troubling, these proposed tariffs could increase to 25% on a permanent basis by October 1. Not only could these tariffs adversely affect WDMA members that rely on trade with Mexico, but this announcement could threaten ratification of the United States-Mexico-Canada Agreement (USMCA) which would significantly impact American manufacturers. We urge the Trump Administration to reconsider this sudden action and work with Mexico on an immigration solution which doesn’t affect residential and commercial construction markets.”

600450 WDMA Criticizes Latest Tariffs on Mexican Products glassonweb.com

See more news about:

Others also read

GIMAV is strengthening its international reach with a new partnership aimed at connecting Italian glass expertise with the growing Asian market.
There is no doubt about it: North America remains a priority market and a key driver of exports for Italian glass processing technologies.
The Glass & Glazing Federation (GGF) has announced a new partnership with REHAU, giving businesses within the REHAU Authorised Partner network access to GGF Membership at a preferential rate.
GGF has called for high-performance glazing to play a greater role in UK housing retrofit and fuel poverty policy, highlighting its potential to reduce energy demand, lower household bills and support British manufacturing.
The UK glass and glazing sectors have committed to working in partnership with Government to help turn its ambitions for reindustrialising Britain into investment, skilled jobs, stronger supply chains and sustainable economic growth.
The European Commission’s new Public Procurement Act proposal could reshape how quality, sustainability and EU-origin content are valued in public tenders, with important implications for the flat glass sector.

Add new comment