Publishing date: Apr 29, 2021 • 2 hours ago • 6 minute read •
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WASHINGTON/CHICAGO The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S. manufacturers.
The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the continent.
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By Syndicated Content
By David Lawder and Rajesh Kumar Singh
WASHINGTON/CHICAGO (Reuters) â The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S. manufacturers.
The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the continent.
President Joe Biden has pledged that he will maintain the tariff protections for the steel and aluminum industries until the problem of global excess production capacity â largely centered in China â can be addressed.
By Syndicated Content
By David Lawder and Rajesh Kumar Singh
WASHINGTON/CHICAGO (Reuters) â The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S. manufacturers.
The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the continent.
President Joe Biden has pledged that he will maintain the tariff protections for the steel and aluminum industries until the problem of global excess production capacity â largely centered in China â can be addressed.
By Syndicated Content
By David Lawder and Rajesh Kumar Singh
WASHINGTON/CHICAGO (Reuters) â The Biden administration faces a major dilemma in its dispute with the European Union over Trump-era steel and aluminum tariffs: back down to avoid acute pain for Harley-Davidson Inc and whiskey distillers or stick with the duties even though they are now exacerbating acute shortages for U.S. manufacturers.
The EU has threatened to double the tariffs on Harley-Davidson motorcycles, American-made whiskey and power boats to 50% on June 1, cutting off any residual hope of exports to the continent.
President Joe Biden has pledged that he will maintain the tariff protections for the steel and aluminum industries until the problem of global excess production capacity â largely centered in China â can be addressed.
Secretary Buttigieg to Join AEM and Punchbowl News to Talk Infrastructure
April 29, 2021
Punchbowl News on
American Jobs Plan and the current debate in Washington about the potential for sweeping infrastructure legislation in 2021. As
Punchbowl News describes it, President Joe Biden s American Jobs Plan is
“the most ambitious infrastructure plan in U.S. history” and something Sec. Buttigieg will
“play a key role in helping sell it to lawmakers and the American public.”
Punchbowl News founders Anna Palmer and Jake Sherman and AEM
Task Force Vice Chair and Husco CEO Austin Ramirez about what equipment manufacturers want to see included in a comprehensive infrastructure package. The conversation will touch on the need for bipartisanship, as well as the equipment manufacturing industry’s efforts to advance a forward-looking national vision for how to build a modern, sustainable, and equitable infrastructure for all Americans.