By Washington, D.C., Staff

President Trump has delayed a scheduled increase in tariffs on certain Chinese products, noting that U.S. and Chinese negotiators had made substantial progress in resolving trade disputes. Ten percent tariffs on $200 billion worth of Chinese goods that were scheduled to rise to 25% on March 2 have been postponed for an unfixed period of time. The 10% tariffs were imposed last September. The tariffs were in addition to 25% tariffs imposed on $50 billion worth of Chinese products.

“SEMA welcomes progress in the talks between the United States and China to resolve trade disputes,” said SEMA President and CEO Chris Kersting. “SEMA supports the administration’s efforts to address China’s unfair trading practices, but the use of tariffs as a negotiating tool has caused harm to many SEMA member companies.”

U.S. and Chinese officials are drafting six separate agreements that will cover agriculture, services, non-tariff barriers, currency, intellectual property rights and forced technology transfers, and cybersecurity.

In related news, the U.S. Trade Representative (USTR) will soon create an exclusion process for the tariffs imposed on the $200 billion worth of Chinese goods. Companies will be able to obtain an exclusion if they can demonstrate that the product is available only from China, that the duties will cause severe economic harm, and that the good is strategically important. The exclusion request process was mandated under the spending bill signed into law in late January to reopen the federal government. Companies were able to seek exclusions for the 25% tariffs imposed on the $50 billion worth of products but not the 10% tariffs. SEMA will provide a link to request an exclusion when it is published by the USTR.

To follow is a summary of the current tariffs and Harmonized Tariff Code listings.

Chinese Products: 25% tariffs have been imposed on $50 billion worth of Chinese imports, and 10% tariffs on another $200 billion worth of goods. The imposition dates for the $50 billion tariffs were staggered: July 6 for $34 billion and August 23 for $16 billion. Tariffs for the $200 billion in goods began on September 24, 2018.

$34 billion: 818 Harmonized Tariff Code listings, including miscellaneous metal and rubber parts for auto equipment, machinery, tools, measurement and medical devices: USTR China Tariff List 1

$16 billion: 279 Harmonized Tariff Code listings, including many types of plastics: USTR China Tariff List 2  

$200 billion: 5,745 Harmonized Tariff Code listings, including many auto parts, from engines and metal fasteners to tires, steering wheel components, rubber gaskets, transmission belts, brake pads, windshields and suspension springs:  USTR China Tariff List 3

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

By Washington, D.C., Staff

President Trump has delayed a scheduled increase in tariffs on certain Chinese products, noting that U.S. and Chinese negotiators had made substantial progress in resolving trade disputes. Ten percent tariffs on $200 billion worth of Chinese goods that were scheduled to rise to 25% on March 2 have been postponed for an unfixed period of time. The 10% tariffs were imposed last September. The tariffs were in addition to 25% tariffs imposed on $50 billion worth of Chinese products.

“SEMA welcomes progress in the talks between the United States and China to resolve trade disputes,” said SEMA President and CEO Chris Kersting. “SEMA supports the administration’s efforts to address China’s unfair trading practices, but the use of tariffs as a negotiating tool has caused harm to many SEMA member companies.”

U.S. and Chinese officials are drafting six separate agreements that will cover agriculture, services, non-tariff barriers, currency, intellectual property rights and forced technology transfers, and cybersecurity.

In related news, the U.S. Trade Representative (USTR) will soon create an exclusion process for the tariffs imposed on the $200 billion worth of Chinese goods. Companies will be able to obtain an exclusion if they can demonstrate that the product is available only from China, that the duties will cause severe economic harm, and that the good is strategically important. The exclusion request process was mandated under the spending bill signed into law in late January to reopen the federal government. Companies were able to seek exclusions for the 25% tariffs imposed on the $50 billion worth of products but not the 10% tariffs. SEMA will provide a link to request an exclusion when it is published by the USTR.

To follow is a summary of the current tariffs and Harmonized Tariff Code listings.

Chinese Products: 25% tariffs have been imposed on $50 billion worth of Chinese imports, and 10% tariffs on another $200 billion worth of goods. The imposition dates for the $50 billion tariffs were staggered: July 6 for $34 billion and August 23 for $16 billion. Tariffs for the $200 billion in goods began on September 24, 2018.

$34 billion: 818 Harmonized Tariff Code listings, including miscellaneous metal and rubber parts for auto equipment, machinery, tools, measurement and medical devices: USTR China Tariff List 1

$16 billion: 279 Harmonized Tariff Code listings, including many types of plastics: USTR China Tariff List 2  

$200 billion: 5,745 Harmonized Tariff Code listings, including many auto parts, from engines and metal fasteners to tires, steering wheel components, rubber gaskets, transmission belts, brake pads, windshields and suspension springs:  USTR China Tariff List 3

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

By SEMA Editors

The 2018 SEMA Show drew more than 70,000 domestic and international buyers.

Exhibitors that submit booth applications for the 2019 SEMA Show by Friday, March 29, are eligible to participate in the SEMA Show Priority Space Selection process. During the process, companies select the best locations—based on exhibitor seniority—for their SEMA Show displays.

The 2019 SEMA Show is scheduled for Tuesday–Friday, November 5–8, in Las Vegas. To participate in the Priority Space Selection Process, secure your booth space for 2019 by visiting www.SEMAShow.com/buyabooth.

The 2018 SEMA Show drew more than 70,000 domestic and international buyers. The displays are segmented into 12 sections, and a New Products Showcase featured nearly 3,000 newly introduced parts, tools and components.

Complete information about the 2019 SEMA Show is available at www.SEMAShow.com.

By SEMA Editors

The 2018 SEMA Show drew more than 70,000 domestic and international buyers.

Exhibitors that submit booth applications for the 2019 SEMA Show by Friday, March 29, are eligible to participate in the SEMA Show Priority Space Selection process. During the process, companies select the best locations—based on exhibitor seniority—for their SEMA Show displays.

The 2019 SEMA Show is scheduled for Tuesday–Friday, November 5–8, in Las Vegas. To participate in the Priority Space Selection Process, secure your booth space for 2019 by visiting www.SEMAShow.com/buyabooth.

The 2018 SEMA Show drew more than 70,000 domestic and international buyers. The displays are segmented into 12 sections, and a New Products Showcase featured nearly 3,000 newly introduced parts, tools and components.

Complete information about the 2019 SEMA Show is available at www.SEMAShow.com.

By SEMA Editors

The 2018 SEMA Show drew more than 70,000 domestic and international buyers.

Exhibitors that submit booth applications for the 2019 SEMA Show by Friday, March 29, are eligible to participate in the SEMA Show Priority Space Selection process. During the process, companies select the best locations—based on exhibitor seniority—for their SEMA Show displays.

The 2019 SEMA Show is scheduled for Tuesday–Friday, November 5–8, in Las Vegas. To participate in the Priority Space Selection Process, secure your booth space for 2019 by visiting www.SEMAShow.com/buyabooth.

The 2018 SEMA Show drew more than 70,000 domestic and international buyers. The displays are segmented into 12 sections, and a New Products Showcase featured nearly 3,000 newly introduced parts, tools and components.

Complete information about the 2019 SEMA Show is available at www.SEMAShow.com.

By SEMA Editors

The Flamingo Las Vegas is just one of the nearly 40 official partner hotels for the 2019 SEMA Show.

SEMA Show Management reports that the prevailing average rate for hotel rooms during the week of the SEMA Show is $286 per night. When booking through the SEMA Show Travel & Lodging page, the average rate for hotel rooms during the week of the SEMA Show is only $174.

With the average SEMA Showgoer staying four nights in Vegas for the Show, booking through SEMA Show Travel & Lodging means a savings of more than $450 during the Show.

Read more about the benefits of booking through the Show’s official housing provider. 

Note: Attendees and exhibitors should be vigilant if approached by companies or services other than OnPeak that impliy or claim to be an official housing provider of the SEMA Show. Management is aware of other housing companies and travel agencies that may be aggressively pursuing you or your company to book your guest rooms through their company at supposedly significant discounts.

Reservations made through an agency other than OnPeak are at your own risk. Exhibitors and attendees contacted by another housing company trying to sell hotel rooms should notify SEMA Show Management at 909-396-0289.

By SEMA Editors

The Flamingo Las Vegas is just one of the nearly 40 official partner hotels for the 2019 SEMA Show.

SEMA Show Management reports that the prevailing average rate for hotel rooms during the week of the SEMA Show is $286 per night. When booking through the SEMA Show Travel & Lodging page, the average rate for hotel rooms during the week of the SEMA Show is only $174.

With the average SEMA Showgoer staying four nights in Vegas for the Show, booking through SEMA Show Travel & Lodging means a savings of more than $450 during the Show.

Read more about the benefits of booking through the Show’s official housing provider. 

Note: Attendees and exhibitors should be vigilant if approached by companies or services other than OnPeak that impliy or claim to be an official housing provider of the SEMA Show. Management is aware of other housing companies and travel agencies that may be aggressively pursuing you or your company to book your guest rooms through their company at supposedly significant discounts.

Reservations made through an agency other than OnPeak are at your own risk. Exhibitors and attendees contacted by another housing company trying to sell hotel rooms should notify SEMA Show Management at 909-396-0289.

By SEMA Editors

The Flamingo Las Vegas is just one of the nearly 40 official partner hotels for the 2019 SEMA Show.

SEMA Show Management reports that the prevailing average rate for hotel rooms during the week of the SEMA Show is $286 per night. When booking through the SEMA Show Travel & Lodging page, the average rate for hotel rooms during the week of the SEMA Show is only $174.

With the average SEMA Showgoer staying four nights in Vegas for the Show, booking through SEMA Show Travel & Lodging means a savings of more than $450 during the Show.

Read more about the benefits of booking through the Show’s official housing provider. 

Note: Attendees and exhibitors should be vigilant if approached by companies or services other than OnPeak that impliy or claim to be an official housing provider of the SEMA Show. Management is aware of other housing companies and travel agencies that may be aggressively pursuing you or your company to book your guest rooms through their company at supposedly significant discounts.

Reservations made through an agency other than OnPeak are at your own risk. Exhibitors and attendees contacted by another housing company trying to sell hotel rooms should notify SEMA Show Management at 909-396-0289.

By Douglas McColloch

The SEMA Data Co-op is “data central” for hundreds of specialty parts brands, representing millions of part numbers, and tens of millions of vehicle applications. Created by SEMA, the SDC is the definitive, industry-owned and -operated centralized data repository, complete with a comprehensive set of online data management tools.

The product releases below are from SEMA members who are also part of the SDC at the the Bronze, Silver, Gold or Platinum level. Learn more about the SDC at www.semadatacoop.org.

By Douglas McColloch

The SEMA Data Co-op is “data central” for hundreds of specialty parts brands, representing millions of part numbers, and tens of millions of vehicle applications. Created by SEMA, the SDC is the definitive, industry-owned and -operated centralized data repository, complete with a comprehensive set of online data management tools.

The product releases below are from SEMA members who are also part of the SDC at the the Bronze, Silver, Gold or Platinum level. Learn more about the SDC at www.semadatacoop.org.