July 6, 2018 (Lansdale, PA) Today, 25 percent tariffs went into effect on a list of Chinese goods, and many MACS members have voiced concerns about the impact the tariffs will have on all sectors of our industry.
In the May issue of MACS ACtion™, Keith Leonard, MACS’ general counsel warned that tariffs were “a two-edged sword.”
On July 2, the Auto Care Association issued a press release detailing what it called the “unintended consequences that may ensue by imposing tariffs on imported autos and auto parts.” In its release the Auto Care Association cited an economic study by John Dunham and Associates, “which found that a 25 percent tariff on imported auto parts could cause a reduction of 17,800 jobs in the auto parts manufacturing sector, resulting in $1.4 billion in lost wages. The study further predicts that 6,800 jobs would be lost by vehicle repair shops and an additional 85,200 jobs in the auto care wholesale and retail segment due to lower demand. These are mostly small family-owned businesses that would suffer severe economic harm should a 25 percent tariff be levied on autos and auto parts.”
The complete Auto Care Association press release: https://www.autocare.org
Since 1981, the Mobile Air Conditioning Society (MACS) Worldwide has been the advocate for service and repair owners, distributors, manufacturers and educators making their living in the total vehicle climate and thermal management industry.
MACS Worldwide empowers members to grow their businesses and delivers tangible member benefits through industry advocacy with government regulators and by providing accurate, unbiased training information, training products, training curriculum and money-saving affinity member services. MACS has assisted more than 1.2-million technicians to comply with the 1990 Clean Air Act requirements for certification in refrigerant recovery and recycling to protect the environment.
To learn more about MACS Worldwide visit our website at http://www.macsw.org. The MACS 2019 Training Event and Trade Show, A/Ccess will take place February 21-23 at the Anaheim Marriott in Anaheim, CA. A current calendar of all regional training can be found on the training page of MACS website at www.macsw.org.