Manufacturing

Auto suppliers in survey worry steel, aluminum tariffs will make them less competitive

A tractor-trailer traveling into the United States at the Canada-US border in St-Bernard-de-Lacolle, Quebec, Canada, on Thursday, March 6, 2025. President Donald Trump exempted Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the US’s two largest trading partners. Photographer: Graham Hughes/Bloomberg
Ending exemptions for allied nations and phasing out the exclusion process for steel and aluminum imports “will hinder the industry’s ability to secure essential materials,” raising concerns about supply chain efficiency and costs, MEMA said (BLOOMBERG)
March 13, 2025 12:03 PM

MEMA, the trade organization representing U.S. parts suppliers, said steel and aluminum tariffs could raise costs and increase supply chain challenges for parts makers while making them less competitive.

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