MSC NewsWire

Founded by Max Farndale 1947 - 2018
Thursday, 30 June 2022 17:13
  • Home
    • About Us
    • Pricing
    • Global Presswire
    • Industry Organisations
  • News Sectors
    • Headlines Through Today
    • Environmental Talk
    • Out of The Beehive
    • Primary Sector Talk
    • Reporters Desk
    • The MSC NewsReel
    • MSCNetwork
    • FinTech Talk
    • The FactoryFloor Newsreel
    • Trade Talk
    • News Talk
    • Industry Talk
    • Technology Talk
    • Blockchain
    • Highlighted
    • The TravelDesk
      • TravelMedia
      • Sporting Tours
      • Holidays Tours Events + More
      • Airfares
      • Travel Enquiry Form
      • TravelBits
    • Travel Updates
    • The MSC TravelDesk Newsreel
    • Travel Talk
    • Travel Time
    • The Bottom Line
    • Regional News
    • News to Run Advice Form
    • World News
    • NewsDIRECT
    • MSCVoxPops
    • Press Releases
  • National Press Club
  • Contact Us

As Trump Tariffs Bite, Firms Dangle Cash Prizes in Lobbying Push

  • font size decrease font size decrease font size increase font size increase font size
  • Print
  • Email
As Trump Tariffs Bite, Firms Dangle Cash Prizes in Lobbying Push

As Trump's tariffs bite the Commerce Department has been flooded with almost 19,000 requests so far to have products excluded from Trump’s steel and aluminum tariffs. Companies are resorting to unconventional means to persuade the administration that the duties will hurt U.S. production and jobs.

Some U.S. companies anxious for exclusions from Donald Trump’s tariffs are turning to creative ways to get the president’s attention.

One Texas steel pipe maker is promising that it will invest millions and hire new workers in return for a temporary break on tariffs. It’s also offering its employees cash prizes for writing the best postcards to Trump advocating for their case.

Other companies are encouraging workers and customers to join letter-writing campaigns and are teaming up with lawmakers to lobby on their behalf.

“I didn’t know that this would do anything, and I still don’t know, but I’ve got a good feeling about it,” said Joel Johnson, chief executive officer of Borusan Mannesmann Pipe U.S. Inc., which is pitching the investment deal to Trump for its pipe mill and finishing facilities in Baytown, Texas. “I can’t stand by and just not do anything.”’

The Commerce Department has been flooded with almost 19,000 requests so far to have products excluded from Trump’s steel and aluminum tariffs. Borusan Mannesmann and other companies are resorting to unconventional means to persuade the administration that the duties, which are intended to help manufacturing, will actually hurt U.S. production and jobs.

“It’s already pretty painful to begin with, and if we don’t get the exclusion, it’s going to be worse for us,” said Ty Taylor, president of South Carolina-based Greenfield Industries Inc., who said that the tariffs are cutting into the company’s profits. Greenfield has asked employees and sales people to write letters seeking support for more than 1,100 exclusion requests.  Continue reading . . .

  • Source/ReadMore: IndustryWeek
Published in MANUFACTURING
Tagged under
  • Manufacturing
  • world
  • today

Related items

  • Australasian Plastics Manufacturer to Build Its First U.S. Plant
  • Government accused of ‘rehashing Project Fear’ as Treasury is set to claim the UK would be £150bn worse off under no deal
  • Architects envision Amazon’s New York, and it’s terrifying
  • More than 40 brands pledge to cut waste
  • EU leaders take 38 minutes to sign off on Theresa May’s Brexit deal…
More in this category: « Autodesk and FARO Examine Smart Metrology for Additive Manufacturing Hansa preparing for move to new site »
back to top
Oct 10, 2018

47-year-old plastic bottle washes up among debris on British coast

in ENVIRONMENT
Nov 08, 2018

Manufacturing Exit from China to Dodge US Duties Gains Pace

in WORLD
Sep 21, 2018

Peruvian lubricants company sets up ANZ HQ in Geelong

in EQUIPMENT
May 04, 2018

PNG seeks bilateral trade with NZ

in TRADE
Nov 16, 2018

Urban wind turbine claims the prestigious international James Dyson Award

in EVENTS
Mar 26, 2018

Stormy Daniels, Trump’s Unlikely Foe, Is ‘Not Someone to Be Underestimated’

in News
Jul 02, 2018

Hyundai Heavy cuts third of its executives in offshore & engineering division

in MARITIME
Jul 11, 2018

Amid Brexit turmoil, a significant announcement

in TRADE

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

  • Home
  • Global Presswire
  • Industry Organisations
  • National Press Club
  • Disclaimer
  • About Us
  • Pricing
  • Sitemap
Copyright © 2022 MSC NewsWire. All Rights Reserved.
Site Built & Hosted by iSystems Limited
Top
Travel Time