AHAM Opposes Steel Tariffs, Quotas

by WOHe

AHAM Opposes Steel Tariffs,
Quotas

Washington, DC The Association of Home Appliance Manufacturers
(AHAM) has notified the U.S. Trade Representative of  its
opposition to the imposition of tariffs and quotas on imported
steel, the trade association announced last month.

Amid the news that steel imports continued to decline through
November 2001, AHAM in late December submitted formal comments to
government trade officials in response to potential actions being
considered by President Bush under the Trade Act to offer relief to
the U.S. steel industry.

AHAM noted its opposition to proposed tariffs on both steel and
stainless steel products, the association said.

According to AHAM, home appliance manufacturers consume more
than two million tons of steel per year.
The tariffs, as recommended by the International Trade Commission,
“will result in increased steel prices in the U.S.for both imported
and domestic steel in these two categories, unnecessarily driving
up material costs for home appliance manufacturers,” AHAM
contended.

Those additional costs would either have to be absorbed by
appliance manufacturers, or passed along to the consumer in the
form of higher product prices.

AHAM, headquartered in Washington, DC, also said it is concerned
that the imposition of tariffs by the U.S. “would further erode the
appliance industry’s domestic competitive position.”

The result of the tariffs “will be job losses and further
pressure to seek more attractive cost positions outside the U.S.,”
said AHAM.

No timetable was given for a final decision on the
issue.

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