On December 20, 2019, the “Setting Every Community Up for Retirement Enhancement Act” (SECURE Act) became federal law.
Law & Order
Legislation (S.B. 1712) that requires consumer notification of vehicle warranty for aftermarket and recycled parts was signed into law by Governor Phil Murphy.
President Trump recently signed into law a bipartisan bill to fund federal government agencies for fiscal year 2020, which included the “Setting Every Community Up for Retirement Enhancement Act” (SECURE Act), which expands retirement savings programs.
The U.S. Trade Representative (USTR) granted exclusion requests for 68 product lines from the “List 3” tariffs on products imported from China and subject to 25% tariffs.
President Trump has decided not to reimpose 25% tariffs on steel and 10% tariffs on aluminum imported into the United States from Brazil following discussions with Brazilian President Jair Bolsonaro.
The U.S. Trade Representative (USTR) granted exclusion requests for 44 products from the List 3 Chinese imports subject to 25% tariffs.
The National Highway Traffic Safety Administration (NHTSA) is requesting public comment on whether to update the Federal Motor Vehicle Safety Standards for tires to address new technologies.
The U.S. Department of Labor (DOL) updated its rules on what may be excluded when calculating an employee’s regular rate of pay, which then forms the basis for “time and one-half” overtime pay.
The date marks the 11th consecutive commemoration in what has become an annual event to raise awareness of the vital role automotive restoration and collection plays in American society.
The United States and China have agreed to a “phase one” trade deal whereby China will buy more U.S. goods and implement some structural changes to its trade laws.