Toomey Wants Administration to Consider Exempting PA Employers From Recent Batch of Tariffs
Washington, D.C. - U.S. Senator Pat Toomey (R-Pa.) is urging the Trump administration to consider exempting 13 Pennsylvania employers from another set of costly and counterproductive tariffs.
On July 6th, the administration began imposing a 25 percent tariff on $50 billion worth of goods from China. As a result, Pennsylvania manufacturers are shouldering a new 25 percent tax burden on certain component parts.
In a series of letters to U.S. Trade Representative (USTR) Robert Lighthizer, Senator Toomey urged a full and fair review of all exclusion petitions by Pennsylvania companies. A company may seek an exclusion from this tax if demand for a necessary item cannot be met by a domestic firm. Approving these exemptions will help American employers remain competitive globally, stated Toomey, who also called attention to Beijing's retaliatory tariffs against American exports.
"While USTR's tariffs are meant to target some Chinese imports that benefit from Beijing's industrial policies, such as the ‘Made in China 2025' initiative, many of these tariffs will have a pronounced negative effect for American manufacturers," stated Toomey. "Section 301 tariffs are direct taxes on American consumers and producers. They directly reduce American purchasing power, curtail freedom, impede job creation, and limit production."
Senator Toomey sent letters on behalf the following companies with facilities in Pennsylvania. All have filed or intend to file exclusion petitions with USTR:
• ABB (Mt. Pleasant, Warminster)
• ACCO Brands (Alexandria)
• Arrowhead Electrical Products (East Greenville)
• EcoTech Marine (Allentown)
• FLSmidth (Bethlehem, Manheim)
• FS-Elliott (Export)
• General Electric (Allentown, Bradford, Lewiston, Pittsburgh, Wilkes-Barre)
• LEDVANCE (Bethlehem, St. Marys)
• Lutron Electronics (Alburtis, Coopersburg)
• Mitsubishi Electric (Warrendale)
• Schindler (Hanover)
• Siemens Medical Solutions USA (Broomall, Malvern, Pittsburgh, Plymouth Meeting, Tredyffrin Township, Yardley)
• Ultra-Poly Corporation (Berwick, Bloomsburg, Portland)
Read one of the letters here.
On a similar trade issue, Senators Toomey and Bob Corker (R-Tenn.) introduced bipartisan legislation to require congressional approval of tariffs designated under section 232 of the Trade Expansion Act of 1962. In April 2018, Senator Toomey also called on Commerce Secretary Wilbur Ross to exempt numerous Pennsylvania businesses from the section 232 tariffs on imported steel and aluminum.