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Associated Press: US manufacturers seek relief from steel and aluminum tariffs
PMA member mentioned in Associated Press article.
Saturday, May 19, 2018
Rising costs. Delayed shipments. A baffling bureaucracy.
President Donald Trump’s tariffs on imported aluminum and steel are disrupting business for American companies that buy those metals, and many are pressing for relief.
Hundreds of companies are asking the Commerce Department to exempt them from the 25 percent steel tariff and the 10 percent aluminum tariff.
Other companies are weighing their options. Jody Fledderman, CEO of Batesville Tool & Die in Indiana, says American steelmakers have already raised their prices since Trump’s tariffs were announced last month. Fledderman says he may be forced to shift some production to a plant in Mexico in response to demands from his customers.
Read more here.