AHAM Opposes Steel Tariffs, Quotas

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.

Loading