By SEMA Washington, D.C., Staff

Rep. Posey (center) accepts an award from Doug Evans (left), a member of the SEMA Hall of Fame, and Chris Kersting, SEMA’s president and CEO.

U.S. Representative Bill Posey (R-FL) is a former racer, classic car owner and has been one of SEMA’s strongest allies in Congress since he was first elected to the U.S. House of Representatives in 2008. As the House co-chair of the Congressional Automotive Performance & Motorsports Caucus, Congressman Posey is both an enthusiast and a true champion for the specialty automotive aftermarket. While the Congressman has been working from home over the last few weeks, he jumped at the chance to take his ’66 Chevrolet Chevelle Malibu out of the garage and participate in the Southern Classics Car Club cruise last Saturday in Titusville, Florida. The cruise counted more than 50 classic cars and trucks participating in the event, which brought joy to local families and seniors while observing social distancing rules.

“Car folks are pretty social, but to respect social distancing, everyone stayed in their cars,” said Rep. Posey “It seemed everyone who participated enjoyed it and I want to thank Southern Classics Car Club and Eckler’s Automotive Restoration & Performance Parts for putting on a great event. I would not be surprised if it starts a new trend.”

SEMA’s longstanding relationship dates back to Rep. Posey’s days in the Florida State Legislature, when SEMA worked with him to pass laws simplifying the process for titling and registering street rods, creating a new classification for custom vehicles and exempting vehicles that occasionally transport personal property to a motorsports facility from commercial motor carrier regulations.

For more information, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

Rep. Posey (center) accepts an award from Doug Evans (left), a member of the SEMA Hall of Fame, and Chris Kersting, SEMA’s president and CEO.

U.S. Representative Bill Posey (R-FL) is a former racer, classic car owner and has been one of SEMA’s strongest allies in Congress since he was first elected to the U.S. House of Representatives in 2008. As the House co-chair of the Congressional Automotive Performance & Motorsports Caucus, Congressman Posey is both an enthusiast and a true champion for the specialty automotive aftermarket. While the Congressman has been working from home over the last few weeks, he jumped at the chance to take his ’66 Chevrolet Chevelle Malibu out of the garage and participate in the Southern Classics Car Club cruise last Saturday in Titusville, Florida. The cruise counted more than 50 classic cars and trucks participating in the event, which brought joy to local families and seniors while observing social distancing rules.

“Car folks are pretty social, but to respect social distancing, everyone stayed in their cars,” said Rep. Posey “It seemed everyone who participated enjoyed it and I want to thank Southern Classics Car Club and Eckler’s Automotive Restoration & Performance Parts for putting on a great event. I would not be surprised if it starts a new trend.”

SEMA’s longstanding relationship dates back to Rep. Posey’s days in the Florida State Legislature, when SEMA worked with him to pass laws simplifying the process for titling and registering street rods, creating a new classification for custom vehicles and exempting vehicles that occasionally transport personal property to a motorsports facility from commercial motor carrier regulations.

For more information, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

Rep. Posey (center) accepts an award from Doug Evans (left), a member of the SEMA Hall of Fame, and Chris Kersting, SEMA’s president and CEO.

U.S. Representative Bill Posey (R-FL) is a former racer, classic car owner and has been one of SEMA’s strongest allies in Congress since he was first elected to the U.S. House of Representatives in 2008. As the House co-chair of the Congressional Automotive Performance & Motorsports Caucus, Congressman Posey is both an enthusiast and a true champion for the specialty automotive aftermarket. While the Congressman has been working from home over the last few weeks, he jumped at the chance to take his ’66 Chevrolet Chevelle Malibu out of the garage and participate in the Southern Classics Car Club cruise last Saturday in Titusville, Florida. The cruise counted more than 50 classic cars and trucks participating in the event, which brought joy to local families and seniors while observing social distancing rules.

“Car folks are pretty social, but to respect social distancing, everyone stayed in their cars,” said Rep. Posey “It seemed everyone who participated enjoyed it and I want to thank Southern Classics Car Club and Eckler’s Automotive Restoration & Performance Parts for putting on a great event. I would not be surprised if it starts a new trend.”

SEMA’s longstanding relationship dates back to Rep. Posey’s days in the Florida State Legislature, when SEMA worked with him to pass laws simplifying the process for titling and registering street rods, creating a new classification for custom vehicles and exempting vehicles that occasionally transport personal property to a motorsports facility from commercial motor carrier regulations.

For more information, contact Eric Snyder at erics@sema.org.

By SEMA Washington, D.C., Staff

The U.S. Customs and Border Protection (CBP) published interim instructions for implementing the U.S.-Mexico-Canada Agreement (USMCA) and the Office of the U.S. Trade Representative (USTR) issued guidelines providing North American automakers more time to comply with the trade accord’s rules of origin. The Trump Administration has been eager to replace NAFTA with the USMCA by July 1. The automakers have said that they will need additional time to put in place ways to verify the new 75% North American content requirement for motor vehicles, compared with 62.5% currently, and confirm that at least 40%–45% of the vehicle content is made by workers earning at least $16 an hour.

The CBP’s 45-page guidance document provides a comprehensive overview of rules governing the trade agreement. The USTR’s Procedures for Petitioning Alternative Method for Complying with Rules of Origin provides five years rather than three for phasing in the new rules of origin.

For more information, contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

The U.S. Customs and Border Protection (CBP) published interim instructions for implementing the U.S.-Mexico-Canada Agreement (USMCA) and the Office of the U.S. Trade Representative (USTR) issued guidelines providing North American automakers more time to comply with the trade accord’s rules of origin. The Trump Administration has been eager to replace NAFTA with the USMCA by July 1. The automakers have said that they will need additional time to put in place ways to verify the new 75% North American content requirement for motor vehicles, compared with 62.5% currently, and confirm that at least 40%–45% of the vehicle content is made by workers earning at least $16 an hour.

The CBP’s 45-page guidance document provides a comprehensive overview of rules governing the trade agreement. The USTR’s Procedures for Petitioning Alternative Method for Complying with Rules of Origin provides five years rather than three for phasing in the new rules of origin.

For more information, contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

The U.S. Customs and Border Protection (CBP) published interim instructions for implementing the U.S.-Mexico-Canada Agreement (USMCA) and the Office of the U.S. Trade Representative (USTR) issued guidelines providing North American automakers more time to comply with the trade accord’s rules of origin. The Trump Administration has been eager to replace NAFTA with the USMCA by July 1. The automakers have said that they will need additional time to put in place ways to verify the new 75% North American content requirement for motor vehicles, compared with 62.5% currently, and confirm that at least 40%–45% of the vehicle content is made by workers earning at least $16 an hour.

The CBP’s 45-page guidance document provides a comprehensive overview of rules governing the trade agreement. The USTR’s Procedures for Petitioning Alternative Method for Complying with Rules of Origin provides five years rather than three for phasing in the new rules of origin.

For more information, contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

President Trump issued an Executive Order allowing U.S. Treasury Secretary Steve Mnuchin to defer payments of certain duties, taxes and fees for up to 90 days dating back to March 2020. However, the Order does not apply to the Section 232 and 301 tariffs being imposed on imports of steel and aluminum and products from China. While the action may free-up cash for companies struggling under COVID-19 burdens, it is a temporary deferral rather than a suspension of collections. Further, the deferral is not automatic. The importer must demonstrate a significant financial hardship to qualify.  

SEMA and the Americans for Free Trade (AFT) Coalition continue to seek more comprehensive relief for U.S. businesses. In March, the Coalition sent a letter to President Trump asking the Administration to temporarily suspend the collection of duties including the Section 232 and 301 tariffs. The Administration rejected the request.

The AFT Coalition is now sending a second letter asking that the Executive Order be expanded to automatically defer collections on all duties (including Section 232 and 301 tariffs) made from the first half of March through the end of June. The action is needed to help mitigate the economic harm caused by COVID-19 and provide financial liquidity to companies during this crisis.

SEMA members are urged to sign the letter by Monday, April 27 (3:00 pm EDT). Only your company name, city and state will be listed on the letter. (An earlier draft of the letter was circulated for signatures before the President issued the Executive Order. The letter has been updated and you will need to sign again.)

Click here to sign.

Questions/comments? Contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

President Trump issued an Executive Order allowing U.S. Treasury Secretary Steve Mnuchin to defer payments of certain duties, taxes and fees for up to 90 days dating back to March 2020. However, the Order does not apply to the Section 232 and 301 tariffs being imposed on imports of steel and aluminum and products from China. While the action may free-up cash for companies struggling under COVID-19 burdens, it is a temporary deferral rather than a suspension of collections. Further, the deferral is not automatic. The importer must demonstrate a significant financial hardship to qualify.  

SEMA and the Americans for Free Trade (AFT) Coalition continue to seek more comprehensive relief for U.S. businesses. In March, the Coalition sent a letter to President Trump asking the Administration to temporarily suspend the collection of duties including the Section 232 and 301 tariffs. The Administration rejected the request.

The AFT Coalition is now sending a second letter asking that the Executive Order be expanded to automatically defer collections on all duties (including Section 232 and 301 tariffs) made from the first half of March through the end of June. The action is needed to help mitigate the economic harm caused by COVID-19 and provide financial liquidity to companies during this crisis.

SEMA members are urged to sign the letter by Monday, April 27 (3:00 pm EDT). Only your company name, city and state will be listed on the letter. (An earlier draft of the letter was circulated for signatures before the President issued the Executive Order. The letter has been updated and you will need to sign again.)

Click here to sign.

Questions/comments? Contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

President Trump issued an Executive Order allowing U.S. Treasury Secretary Steve Mnuchin to defer payments of certain duties, taxes and fees for up to 90 days dating back to March 2020. However, the Order does not apply to the Section 232 and 301 tariffs being imposed on imports of steel and aluminum and products from China. While the action may free-up cash for companies struggling under COVID-19 burdens, it is a temporary deferral rather than a suspension of collections. Further, the deferral is not automatic. The importer must demonstrate a significant financial hardship to qualify.  

SEMA and the Americans for Free Trade (AFT) Coalition continue to seek more comprehensive relief for U.S. businesses. In March, the Coalition sent a letter to President Trump asking the Administration to temporarily suspend the collection of duties including the Section 232 and 301 tariffs. The Administration rejected the request.

The AFT Coalition is now sending a second letter asking that the Executive Order be expanded to automatically defer collections on all duties (including Section 232 and 301 tariffs) made from the first half of March through the end of June. The action is needed to help mitigate the economic harm caused by COVID-19 and provide financial liquidity to companies during this crisis.

SEMA members are urged to sign the letter by Monday, April 27 (3:00 pm EDT). Only your company name, city and state will be listed on the letter. (An earlier draft of the letter was circulated for signatures before the President issued the Executive Order. The letter has been updated and you will need to sign again.)

Click here to sign.

Questions/comments? Contact Stuart Gosswein at stuartg@sema.org.

By SEMA Washington, D.C., Staff

President Trump issued an Executive Order allowing U.S. Treasury Secretary Steve Mnuchin to defer payments of certain duties, taxes and fees for up to 90 days dating back to March 2020. However, the Order does not apply to the Section 232 and 301 tariffs being imposed on imports of steel and aluminum and products from China. While the action may free-up cash for companies struggling under COVID-19 burdens, it is a temporary deferral rather than a suspension of collections. Further, the deferral is not automatic. The importer must demonstrate a significant financial hardship to qualify.  

SEMA and the Americans for Free Trade (AFT) Coalition continue to seek more comprehensive relief for U.S. businesses. In March, the Coalition sent a letter to President Trump asking the Administration to temporarily suspend the collection of duties including the Section 232 and 301 tariffs. The Administration rejected the request.

The AFT Coalition is now sending a second letter asking that the Executive Order be expanded to automatically defer collections on all duties (including Section 232 and 301 tariffs) made from the first half of March through the end of June. The action is needed to help mitigate the economic harm caused by COVID-19 and provide financial liquidity to companies during this crisis.

SEMA members are urged to sign the letter by Monday, April 27 (3:00 pm EDT). Only your company name, city and state will be listed on the letter. (An earlier draft of the letter was circulated for signatures before the President issued the Executive Order. The letter has been updated and you will need to sign again.)

Click here to sign.

Questions/comments? Contact Stuart Gosswein at stuartg@sema.org.