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Highlights of NAFA’s June 2019 Legislative Update


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Release date: 6/3/2019

Highlights of NAFA’s June 2019 Legislative Update

  • Repeal of the federal excise tax (FET) on heavy-duty trucks
  • European and Japanese Auto Imports: President Trump announced his decision to delay tariffs on automobiles and auto parts imported from Europe and Japan for six months on May 17, 2019.
  • Imports from China: On May 10, 2019, U.S. Trade Representative Robert Lighthizer announced an increase of duties to 25% from 10% on approximately $200 billion worth of Chinese imports.
  • Canada has joined the Drive to Zero Pledge: The Minister of Environment signed Canada on to the Drive Zero Pledge, an international initiative aimed at increasing the number of zero- and low-emission vehicles in the medium- and heavy-duty transportation sector.
  • Steel and Aluminum Tariffs Lifted: On Friday, May 17, the United States officially lifted the steel and aluminum tariffs it imposed on Canada and Mexico. Canada has, in turn, lifted its countermeasure tariffs on selected American goods.

Read the full Legislative Update at https://www.nafa.org/Publications/Legislative-Update/Archive.aspx