May 2024 Volume 6

WASHINGTON UPDATE

of the Section 301 tariffs soon, likely leading to increased tariffs on Chinese imports. The issues of transshipment and transnational subsidization are the next front in the battle over trade and tariffs. U.S. adversaries and economic competitors are taking steps to strategically evade the tariffs and duties imposed to protect FIA members and U.S. industry. The FIA is calling on its members to help the associations provide our allies in the U.S. government with real time informa tion about evidence of transshipment and tariff-avoidance schemes. If your company has identified incidents of competitors shipping into the U.S. either through a third country or with the subsidized support from a third country, we ask you contact the FIA. The new frontier of transshipment is the recycling of old tariff evasion strategies. However, we are now seeing countries such as China not only embed transshipment as part of their industrial strategy, but also using proxies overseas as fronts for the Chinese government to compete against U.S. manufacturers. This is why the FIA is standing up for industry and succeeding in forcing our American policy makers to act.

FIA Orders & Shipments Survey

FIA’s Orders & Shipments Survey program was re launched in 2019 as a web-based high-end survey product. The survey’s scope is confidentially tracking FIA member North American shipments and bookings for forged products inclusive of the Impression Die, Open Die and Rolled Ring processes. About the FIA O&S Survey: • FIA partnered with MTInsight, the statistical tracking division of The Association for Manufacturing Technology (AMT), to build a custom analytics program to serve the forging industry. • Categories tracked include OPEN-DIE, CLOSED DIE and ROLLED RING forging as well as markets served, and material used. • Survey takes 30-minutes or less to complete each month • Included reports: • Monthly Index Overview • FIA members enter their monthly orders & shipments data into AMT's custom-built, confidential software system. • As first step members complete their full 2021 sales (in Excel), then gain access to the program for monthly data loading • This is a members-only benefit. Questions? If you would like more information or a Zoom demonstration to walk through the process of working with the software and loading monthly numbers, please contact Jim Warren at jwarren@forging.org. • Market Share Report (Dollars) • Product Report (Index Values) • Profile Report

Omar S. Nashashibi is a founding partner at The Franklin Partnership, LLC, a Washington-D.C. based lobbying firm representing the Forging Industry Association before the federal government. Phone: 202-715-1264 Email: omar@franklinpartnership.com

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