• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
Trump Has Given ‘Significant Hope To Our Industry’ Car Part Manufacturers Say, Ask For Time To Implement Tariffs

Trump Has Given ‘Significant Hope To Our Industry’ Car Part Manufacturers Say, Ask For Time To Implement Tariffs

April 23, 2025
Trump Makes Judge Jeanine Interim US Attorney For DC

Trump Makes Judge Jeanine Interim US Attorney For DC

May 8, 2025
Democrat Judge Indicted For Voter Fraud In Texas

Democrat Judge Indicted For Voter Fraud In Texas

May 8, 2025
EXCLUSIVE: States Urge Clinton-Appointed Judge To Stop ‘Extreme’ Effort To Undermine Trump’s Authority Over Agencies

EXCLUSIVE: States Urge Clinton-Appointed Judge To Stop ‘Extreme’ Effort To Undermine Trump’s Authority Over Agencies

May 8, 2025
‘The Karma Is Crushing Here’: Jonathan Turley Explains Irony In Letitia James’ Legal Defense

‘The Karma Is Crushing Here’: Jonathan Turley Explains Irony In Letitia James’ Legal Defense

May 8, 2025
Acting FEMA Boss Ousted Ahead of Hurricane Season

Acting FEMA Boss Ousted Ahead of Hurricane Season

May 8, 2025
‘Time To Get Back To Building’: Dem Rep. Josh Harder Uses GOP Policy Points To Form Anti-Red Tape Caucus

‘Time To Get Back To Building’: Dem Rep. Josh Harder Uses GOP Policy Points To Form Anti-Red Tape Caucus

May 8, 2025
Here’s What We Know About First American Pope

Here’s What We Know About First American Pope

May 8, 2025
Senate Dems Use ‘Jim Crow’ Filibuster Fourth Time To Block Major Bipartisan Bill

Senate Dems Use ‘Jim Crow’ Filibuster Fourth Time To Block Major Bipartisan Bill

May 8, 2025
FBI Reportedly Opens Formal Investigation Into Letitia James Over Mortgage Fraud Allegations

FBI Reportedly Opens Formal Investigation Into Letitia James Over Mortgage Fraud Allegations

May 8, 2025
New Database Exposes Extent Of Federal Thought Control Money Machine

New Database Exposes Extent Of Federal Thought Control Money Machine

May 8, 2025
TERRY SCHILLING: Why Are Senate RINOs Still Protecting China’s Dirty Practices?

TERRY SCHILLING: Why Are Senate RINOs Still Protecting China’s Dirty Practices?

May 8, 2025
New York Democrats Could End Up Handing Tish James $10 Million Lifeline For Fees In Mortgage Fraud Probe

New York Democrats Could End Up Handing Tish James $10 Million Lifeline For Fees In Mortgage Fraud Probe

May 8, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Friday, May 9, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home News

Trump Has Given ‘Significant Hope To Our Industry’ Car Part Manufacturers Say, Ask For Time To Implement Tariffs

by Daily Caller News Foundation
April 23, 2025 at 2:51 pm
in News, Wire
247 5
0
Trump Has Given ‘Significant Hope To Our Industry’ Car Part Manufacturers Say, Ask For Time To Implement Tariffs
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Daily Caller News Foundation

The Specialty Equipment Market Association (SEMA), representing over 7,500 American automotive businesses, delivered a message of support to President Donald Trump’s trade agenda.

In a letter sent Monday, SEMA praised Trump’s leadership and commitment to restoring America’s industrial strength.

“We write to commend you and your administration for your commitment to restoring the greatness of American manufacturing,” wrote SEMA President and CEO Mike Spagnola. “Your return to the White House has given significant hope to our industry.”

The automotive specialty parts aftermarket is a powerhouse of American innovation. Contributing $337 billion annually to the economy and supporting over 1.3 million jobs, the industry consists of manufacturers, distributors, and retailers of motor vehicle parts and accessories.

SEMA was one of the loudest supporters of Trump’s decision to revoke former President Joe Biden’s de facto electric vehicle (EV) mandate.

“On day one of his new administration, President Trump reclaimed the nation’s freedom of vehicle choice, proclaiming the authority of the United States of America, rather than so-called United States of California, to set national policies,” Spagnola said.

While SEMA’s letter made clear they support the president’s use of tariffs to bring jobs back to America, they warned the transition period has been challenging, especially for smaller operations that don’t have the capital reserves or volume pricing power of multinational giants.

“For many specialty automotive businesses that manufacture their products in America, they are forced to source components used in their products from international suppliers, because there are no domestic manufacturers or none that will produce components in smaller volumes that meet their needs,” Spagnola continued in the letter. “For businesses in this position, they have no choice but to source components from abroad.”

Rather than backing down, they are asking for temporary, targeted relief.

“Our primary request is that American automotive parts manufacturers, including our members, be provided a transition period to re-shore their manufacturing, as well as some form of economic relief to assist in that transition,” Spagnola indicated. “That relief could include tariff exemptions for things like molds, tooling, and machinery brought back to the U.S., as well as tax incentives to offset the associated costs.”

SEMA emphasized they believe in Trump’s vision and want to be on the front lines of making it a reality, they just “need a bridge to assist with the transition.”

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].

Tags: DCNFpoliticsU.S. News
Share196Tweet123
Daily Caller News Foundation

Daily Caller News Foundation

IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR