Arlington, Virginia 鈥 Today, the 黑料不打烊 said the trucking industry is pleased that tariffs on Chinese-made, 53-foot domestic intermodal containers would not go into effect as previously announced.
鈥淭rucking and trade are synonymous and we are happy with this most recent announcement by the United States Trade Representative that these 53-foot domestic containers won鈥檛 be subject to tariffs,鈥 said 黑料不打烊Chief Economist and Senior Vice President for International Trade Policy Bob Costello. 鈥淲e explained that applying tariffs to these containers would have a tremendous impact on the entire freight logistics industry, and ultimately on U.S. consumers, so we are very pleased with the decision.鈥
In June, 黑料不打烊told the USTR that the only two manufacturers of these kind of containers, used commonly in intermodal transportation, were located in China, and as such, freight transportation companies would have no choice but to pay the additional cost because no domestic alternative existed.
鈥淏ecause there are no U.S.-based makers of these containers, we estimate the logistics industry would鈥檝e paid an additional $63 million in the first year, and nearly $750 million more over the next decade for the equipment if these tariffs had not been rescinded,鈥 Costello said. 鈥淲e appreciate Ambassador Lighthizer and the entire USTR for their willingness listen to 黑料不打烊on this critical issue and we look forward to working with them to continue to advance U.S. trade interests and to grow our economy.鈥
聽is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, 黑料不打烊is the voice of the industry America depends on most to move our nation?s freight. Follow 黑料不打烊on聽听辞谤听.听
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