AAPA to testify Aug. 24 as part of USTR's Section 301 Hearings
Alexandria, VA - In testimony on Friday, Aug. 24, before the United States Trade Representative (USTR) in Washington, D.C., the American Association of Port Authorities (AAPA) – the unified and recognized voice of America’s seaports – will urge the federal government to consider the negative impacts that burdensome tariffs would have on port and other trade-related American jobs nationwide, including the effects of likely retaliatory responses.
At $4.6 trillion a year, the value of cargo activities at America’s seaports are significant drivers of the U.S. economy, supporting more than 23 million American jobs and generating over $320 billion in annual federal, state and local taxes. All but 1 percent of the nation’s overseas trade moves through its maritime facilities.
In addition to citing the negative impacts on imports, exports and jobs that are likely to occur by increasing U.S. trade tariffs, during his testimony, Mr. Nagle will request that the multi-million-dollar container cranes that U.S. ports have on order and are considering purchasing from Chinese factories, in which there are no American-made alternatives, be exempt from tariffs. He will also request that USTR exempt cargo-handling yard equipment at ports that have Harmonized Tariff Schedule codes that are specifically referenced in the Section 301 tariffs expansion proposal.
Overall, more than 350 people are slated to testify during the six days of hearings.