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Brand Protection/Anti-Counterfeiting Card Check and the Employee Free Choice Act Commercial Vehicle Safety Technology Global Environmental Regulations International Trade Negotiations Research and Development (R&D) Tax Credit Stopping Distance for Heavy Duty Trucks
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supplier issues International Trade Negotiations Description: The U.S. government is actively pursuing bilateral and multilateral free trade agreements (FTAs) and the Doha Development Round of trade negotiations under the World Trade Organization (WTO). Each FTA and the Doha Round has presented a new set of opportunities and risks for automotive suppliers and our customers. Status: In each trade negotiation, MEMA works to: (1) identify and advocate for development of specific business opportunities or removal of specific trade barriers; (2) focus on trade related investment measures (TRIMs), in keeping with members’ interest in overseas investment; (3) ally with the OEMs and support their goals; and (4) use appropriate opportunities to express industry support for rule of law and well-ordered and transparent trade rules. MEMA focused on WTO talks, and FTAs with Peru, Colombia and Korea and welcomed Congressional passage of the U.S.-Peru FTA in 2007. Impact on Industry: There is a general industry consensus in favor of trade liberalization over the long term and a strong desire for lower foreign tariffs and removal of non-tariff barriers to trade and investment. Unfortunately, it has not been possible to accurately determine the impact on industry of most trade agreements over the long term. 2008 Anticipated Action: MEMA will continue to monitor progress of multilateral trade negotiations and lobby for members’ interests in the WTO and bilateral FTAs. MEMA will continue to seek removal of import bans on remanufactured automotive parts and cores, seek foreign tariff reductions and disciplines over trade related investment measures, notably elimination of direct and indirect local content requirements.
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