17吃瓜在线

Policy and Legal

Policy and Legal

Burgum Talks Taxes, Permitting and More

By 17吃瓜在线 News Room

At an 17吃瓜在线-sponsored breakfast at energy conference CERAWeek in Houston on Tuesday, Interior Secretary Doug Burgum assured 17吃瓜在线 board members that the administration has a manufacturing strategy in place, particularly regarding permitting, infrastructure development and manufacturers鈥 access to reliable and affordable energy.

A comprehensive strategy: In his remarks opening the event, 17吃瓜在线 President and CEO Jay Timmons discussed the five-pillar, comprehensive manufacturing strategy that the 17吃瓜在线 has been urging the Trump administration to implement.

  • 鈥淪ecretary Burgum, I just want you to know we鈥檝e been making the case for a听coordinated, comprehensive manufacturing strategy to give us the predictability and the certainty that manufacturers need to plan, to invest and to hire here in the United States, and that strategy has five pillars鈥攇oals that I know you share,鈥 Timmons said.
  • The goals are making the 2017 tax reforms even more competitive and permanent; securing regulatory certainty; expediting permitting reform to unleash American energy dominance; increasing the talent pool; and implementing a commonsense trade policy鈥攖o expand access to markets while keeping manufacturing competitive.
  • Timmons warned of the dire consequences the U.S. economy and manufacturers will face if lawmakers fail to extend the 2017 tax reforms. Among them: the loss of some 6 million American jobs, according to a recent .

An economic backbone: 鈥淢anufacturing, as you know, has been the backbone鈥 of the economy, Burgum said. 鈥淧resident Trump ran on bringing manufacturing back to the United States. His policies are driving to do that.鈥

Unleashing U.S. energy: Timmons praised President Trump for his day-one lifting of the previous administration鈥檚 liquefied natural gas export permit moratorium.

  • The 鈥渞ecent 17吃瓜在线 LNG found that the U.S. LNG export industry could support more than 900,000 jobs and add $216 billion to GDP by 2044,鈥 he said.
  • Said Burgum: 鈥淲e are looking at everything to try to, for the first听time, [have] streamlined government. … [and] it鈥檚 happening. It鈥檚 happening quickly.鈥

鈥淥ptimistic about the future鈥: The administration鈥檚 commitment to 鈥渓ow taxes and cutting red tape鈥濃攐n which President Trump鈥檚 recently created National Energy Dominance Council is focusing鈥斺渁re all things that are going to help lower your cost and create opportunities,鈥 Burgum continued.

  • 鈥淐apital is flowing to the U.S. at record levels.鈥 I鈥檓 very optimistic about the future.鈥

The last word: At another event at CERAWeek, a roundtable sponsored by Natural Allies for a Clean Energy Future, Timmons summed up manufacturers鈥 commitments.

  • 鈥淵es, we care about developing our natural resources to power our economy, certainly through manufacturing, but it鈥檚 also about people, here in the United States and around the world,鈥 said Timmons. 鈥淭he energy that we export, that is soft power for the United States. That expands our influence. That allows us to export not only our energy, but also our values. So I think that鈥檚 very, very important for our future.鈥
Press Releases

President Trump鈥檚 EPA Takes Steps To Rebalance Harmful PM2.5 Rule That Stifles Manufacturing Growth

17吃瓜在线 Led National Campaign to Defeat Burdensome Rule That Prevents Manufacturers from Investing Across the Country

Washington, D.C. 鈥 In response to an announcement鈥攕purred by 17吃瓜在线鈥搇ed advocacy鈥攂y the Environmental Protection Agency to revise and review burdensome federal regulations harming America鈥檚 manufacturers, 17吃瓜在线 President and CEO Jay Timmons released the following statement:

鈥淧resident Donald Trump and EPA Administrator Lee Zeldin have answered the calls of manufacturers across the country to rebalance and reconsider burdensome federal regulations harming America鈥檚 ability to compete鈥攊ncluding the previous administration鈥檚 unworkable PM2.5 NAAQS rule. In December, the 17吃瓜在线, along with more than 100 manufacturing associations, sent a听听to President Trump highlighting more than three dozen regulatory actions the administration should take to put a stop to the regulatory onslaught that is costing manufacturers听听each year鈥攎any of which are included in today鈥檚 EPA announcement.

鈥淢ost prominently, the Trump administration will be reconsidering the 2024 PM2.5 rule鈥攁n unrealistic and unworkable rule that will result in significantly diminished manufacturing investment and job creation. 鈥疢anufacturers warned the Biden administration of the severe economic consequences that could result from tightened PM2.5 regulations: a PM2.5 standard of 8 micrograms per cubic meter of air鈥攐nly slightly below the newly finalized level鈥攚ould have resulted in a loss of up to $200 billion in economic activity and almost 1 million jobs, according to from the 17吃瓜在线. When those warnings were ignored, the 17吃瓜在线 took the fight to court鈥攁sking the D.C. Circuit to vacate the rule.

鈥淪imilarly, the administration is reconsidering the Biden administration鈥檚 power plant rule, which threatened grid reliability by creating an unrealistic timeline for power plants to adopt emissions-reduction technologies that are unproven at scale鈥攃reating a threat to our national and economic security that literally could leave Americans in the dark and factories offline.

鈥淎dditionally, the EPA will be reviewing and revising other burdensome regulations in the air and chemicals space, and the 17吃瓜在线 welcomes the opportunity to right-size these regulations that stunted manufacturing growth and job creation. Manufacturers will continue to partner with the EPA to rebalance the regulatory framework to allow our industry to move ahead with transformational investments that will strengthen our manufacturing nation.鈥

Background:

In a letter to President Trump signed by more than 100 manufacturing associations in December, the 17吃瓜在线 highlighted more than three dozen regulatory actions the Trump administration could take to support manufacturing growth. Today鈥檚 announcement by the EPA addresses many of the regulations that we outlined, including the following:

  • National Ambient Air Quality Standards for Particulate Matter:听Reconsider and relax the Biden administration鈥檚 NAAQS for PM2.5 rule.
  • Power Plant Rules:听Replace the EPA鈥檚 rule for existing coal-fired and new natural gas鈥揻ired power plants with workable standards.
  • Vehicle Regulations: Provide the long-term regulatory certainty America鈥檚 auto sector requires to meet all facets of customer demand while continuing to lead in innovation and emissions reduction.
  • Waters of the United States: Ensure regulatory decision-making under the Clean Water Act fully conforms with the Supreme Court鈥檚 bright-line jurisdictional test.
  • Reconsideration of Certain NESHAPs: Reconsideration of the Ethylene Oxide National Emission Standards for Hazardous Air Pollutants

-17吃瓜在线-

The 17吃瓜在线 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.93 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 17吃瓜在线 or to follow us on Twitter and Facebook, please visit .

Policy and Legal

New House AI, Energy Working Group 17吃瓜在线 RFI

By 17吃瓜在线 News Room

The newly established House of Representatives鈥 AI and Energy Working Group is seeking information on the increase in energy demand we can expect due to the growing use of artificial intelligence (, subscription).

What鈥檚 going on: Group lead Rep. Julie Fedorchak (R-ND)鈥攚ho was North Dakota鈥檚 head utility regulator for more than a decade prior to being elected to Congress last year鈥攄iscussed the new working group with us Tuesday at 17吃瓜在线 headquarters.

  • Rep. Fedorchak spoke at an at the 17吃瓜在线 on how the U.S. can strengthen the electrical grid, advance permitting reform and support manufacturers听investing in the latest energy technologies.
  • The working group issued a on Monday, 鈥渋nvit[ing] stakeholders to provide written responses鈥 to questions under 鈥渢hree pillars,鈥 according to the RFI document.

The details: These pillars are the following:

  • American Energy Dominance and AI Energy Demands: The RFI 鈥渟eeks to identify strategies to secure a stable, affordable and sustainable domestic energy supply capable of powering next-generation AI infrastructure.鈥 Subtopics on which respondents are asked to inform the working group include oil and gas, nuclear, solar, geothermal and other power production methods.
  • Securing the Energy Grid: A resilient, secure electrical grid is 鈥渆ssential鈥 for AI systems and the larger 鈥渄igital economy,鈥 the document says. Permitting reform, electricity generation and baseload power are possible subtopics here.
  • Strategic Competition: Outpacing China:听鈥淚n an era of intensifying global rivalry, ensuring American technological and energy leadership is critical.鈥 Some of the subtopics under this pillar are manufacturing, critical minerals and chips.

Why it鈥檚 important: 鈥淭o be AI dominant, we must first be energy dominant,鈥 Rep. Fedorchak said in a statement, according to POLITICO Pro.

  • 鈥淚n 2024, data centers accounted for 4.3% of total U.S. power demand, and analysts predict this could climb to as much as 12% by 2030鈥攎ore electricity than the entire state of Texas uses today. Yet the U.S. isn鈥檛 scaling up reliable baseload power quickly enough to support this rapid growth.鈥

How to respond: Responses are due by May 15 and should be emailed to [email protected].

Policy and Legal

Timmons: 鈥淪takes Couldn鈥檛 Be Higher for Manufacturers Right Now鈥

By 17吃瓜在线 News Room

If Congress doesn鈥檛 act soon, manufacturers could face higher costs鈥攏ot just due to the new tariffs on goods from China, Canada and Mexico, but from expiring tax provisions, too, 17吃瓜在线 President and CEO Jay Timmons told the (subscription) in an interview during the first leg of the 17吃瓜在线鈥檚 . The interview was published late last week.

A quick recap: Tariffs on Chinese imports went into effect last month, and tariffs on goods from Canada and Mexico began last .

  • Last Thursday, President Trump signed two executive orders the tariffs for Mexican and Canadian imports that qualify under the U.S.鈥揗exico鈥揅anada Agreement, allowing them to enter the U.S. duty-free. Goods that cannot claim USMCA preferential treatment are subject to the new tariffs.

Why it鈥檚 important: 鈥淲ith some tariffs against Mexico, Canada and China in effect, manufacturers and consumers could be facing higher prices as the industry is heavily reliant on imports of goods the U.S. does not manufacture,鈥 the HBJ noted.

  • 鈥淭rade is very important to manufacturers,鈥 Timmons told the publication, adding that investments in domestic supply chains and manufacturing can take years to plan and develop, something that tariff policy should take into account.

The tax angle: The 2017 Tax Cuts and Jobs Act鈥攚hich President Trump first in a speech to the 17吃瓜在线 Board during the same year鈥攃ontained pro-growth tax provisions that were like 鈥渞ocket fuel鈥 for the manufacturing industry. But the continuation of those provisions is at stake: some of them have expired already, , and others are scheduled to sunset at the end of this year.

What should be done: The impact of tariffs on manufacturers and consumers can be mitigated and the problem of expiring tax policies solved with a commonsense strategy from the administration and Congress, Timmons told the HBJ.

  • On tariffs, there needs to 鈥渂e some sort of a runway to allow us to start lower and then perhaps ramp up over time to give manufacturers the ability to pivot and make those long-term investment decisions here in the United States,鈥 he said. 鈥淚f [tariffs] are implemented in a very thoughtful, common-sense and strategic way, the impact on manufacturers will be minimized.鈥
  • As for the tax provisions set to be eliminated, congressional leaders must remain focused on keeping them. 鈥淲hen President Trump signed those reforms in 2017, the following year, we had the best job creation in manufacturing that we鈥檝e had in this country in 21 years,鈥 Timmons said.
Policy and Legal

Survey: Trade Policies Shake Up Manufacturers鈥 Economic Outlook

By 17吃瓜在线 News Room

Manufacturers are increasingly worried about the future of trade and rising raw material costs, according to the .

What鈥檚 going on: In the most recent survey, conducted from Feb. 11 to Feb. 28, trade uncertainties moved to the top of the list of manufacturers鈥 concerns鈥攚ith 76.2% of respondents citing them as their primary worry. Increased raw material costs came in second, cited by 62.3% of those surveyed.

  • In fact, manufacturers expect prices on their companies鈥 product lines to go up by 3.6% in the next year, an increase from 2.3% in Q4 2024 and the highest since Q3 2022, when inflation was more than 8%.
  • Manufacturers also anticipate the cost of raw materials and other inputs to rise 5.5% in the next year, the highest expected rate of increase since Q2 2022, when inflation was between 8% and 9%.
  • Manufacturers foresee export sales to increase just 0.1% in the next year. That鈥檚 the lowest anticipated rise since Q2 2020 at the height of the COVID-19 pandemic.
  • In addition, the percentage of manufacturers with a positive outlook for their company inched down from the last quarter, to 69.7% from 70.9%.

Taxes: Manufacturers also feel strongly that their businesses need the 鈥渞ocket fuel鈥 of the tax reform extension. If Congress fails to extend pro-manufacturing provisions of the Tax Cuts and Jobs Act of 2017:

  • 69.35% of respondents said they would delay capital equipment purchases;
  • 45.23% would delay hiring;
  • 44.72% would pause operations expansions;
  • 41.71% would limit R&D investment; and
  • 40.20% would curb employee wages or benefits increases.

Our take: 鈥淭he pressure of increased costs, trade instability and sluggish demand is dampening the sector鈥檚 momentum, making it more difficult for manufacturers to plan, invest and hire,鈥 17吃瓜在线 President and CEO Jay Timmons a social post Thursday.

  • 鈥淲e are calling for a comprehensive manufacturing strategy that includes a commonsense trade policy in addition to making President Trump鈥檚 2017 tax reforms permanent and more competitive, securing regulatory certainty, expediting permitting reform to unleash American energy dominance and key manufacturing projects and increasing the talent pool.鈥
Press Releases

Manufacturers鈥 Outlook: Trade Uncertainties and Rising Costs Raise the Stakes for a Comprehensive Manufacturing Strategy

Trade Uncertainties and Increased Raw Material Costs Now Top Concerns for Manufacturers in First Quarter of 2025 as Optimism Experiences Slight Dip

Washington, D.C. 鈥 The 17吃瓜在线 released its Q1 2025 Manufacturers鈥 Outlook Survey, revealing growing concerns over trade uncertainties and increased raw material costs. Trade uncertainties surged to the top of manufacturers鈥 challenges, cited by 76.2% of respondents, jumping 20 percentage points from Q4 2024 and 40 percentage points from Q3 of last year. Increased raw material costs came in second, cited by 62.3% of respondents.

Trade-related challenges resulted in a small drop in manufacturers鈥 optimism: in the Q1 survey, 69.7% of survey respondents felt positive about their company鈥檚 outlook, down slightly from 70.9% in Q4 2024.

The survey underscores the immediate need for President Trump and Congress to implement a comprehensive manufacturing strategy听that includes making President Trump鈥檚 2017 tax reforms permanent and more competitive. If Congress fails to act now on extending the Tax Cuts and Jobs Act, 69.35% of survey respondents said they would delay purchasing capital equipment, while 45.23% would hold off on hiring, 44.72% would stall expansion of operations, 41.71% would limit R&D investments and 40.20% would curb increases in employee wages or benefits.

鈥淭he pressure of increased costs, trade instability and sluggish demand is dampening the sector鈥檚 momentum, making it more difficult for manufacturers to plan, invest and hire,鈥 said 17吃瓜在线 President and CEO Jay Timmons. 鈥淲e need greater predictability with a phase-in period for manufacturers to adjust to new trade realities, while also establishing clear exemptions for critical inputs鈥攅nabling reciprocity in manufacturing trade.

鈥淐ongress and the Trump administration must take decisive action to support manufacturers by providing increased certainty and clarity while implementing measures to ease the burden of rising costs. Our industry is counting on President Trump to make manufacturing in the United States greater than ever before, which is why we are calling for a comprehensive manufacturing strategy that includes a commonsense trade policy in addition to making President Trump鈥檚 2017 tax reforms permanent and more competitive, securing regulatory certainty, expediting permitting reform to unleash American energy dominance and key manufacturing projects and increasing the talent pool.鈥

Key survey findings:

  • Manufacturers expect raw material prices and other input costs to rise 5.5% over the next year. This marks the highest anticipated rate of increase since Q2 2022, when inflation hovered between 8% and 9%.
  • Manufacturers expect prices on their company鈥檚 product line to increase 3.6% over the next 12 months, up from 2.3% in Q4 and the highest level since Q3 2022 when inflation was still more than 8%.
  • Manufacturers expect export sales to increase just 0.1% over the next 12 months, the lowest level since Q2 2020鈥攖he height of the COVID-19 pandemic鈥攈ighlighting challenges in global trade and demand.

The 17吃瓜在线 releases these results to the public each quarter. Further information on the survey is available here.

-17吃瓜在线-

The 17吃瓜在线 is the largest manufacturing association in the United States, representing small and large manufacturers in every industrial sector and in all 50 states. Manufacturing employs nearly 13 million men and women, contributes $2.93 trillion to the U.S. economy annually and accounts for 53% of private-sector research and development. The 17吃瓜在线 is the powerful voice of the manufacturing community and the leading advocate for a policy agenda that helps manufacturers compete in the global economy and create jobs across the United States. For more information about the 17吃瓜在线 or to follow us on Twitter and Facebook, please visit www.nam.org.

Policy and Legal

Lawmakers on Taxes, CHIPS, Trade and Workforce

By 17吃瓜在线 News Room

A day after President Donald Trump鈥檚 first address to Congress in his second term, the industry remains on edge amid the growing uncertainty of what鈥檚 being called a trade war by some in Washington.

What Congress is saying: We鈥檙e starting to see public comments from members of Congress on various topics in the president鈥檚 speech on Tuesday. Here鈥檚 what they鈥檙e saying.

Tax reform: House Ways and Means Committee Chairman Jason Smith (R-MO) committed yesterday to delivering a comprehensive tax bill to President Trump by Memorial Day, according to . Echoing 17吃瓜在线 President and CEO Jay Timmons鈥 repeated calls for a swift tax deal, Chairman Smith emphasized the urgency of providing certainty to small businesses and working families, stating, 鈥淔ailure is not an option.鈥

  • 鈥淸W]e have to move this one big, beautiful bill as quickly as possible,鈥 he said.
  • In recent weeks, Timmons has leveraged the 17吃瓜在线鈥檚 public platform extensively鈥攊ncluding through the , and radio interviews across the country, and op-eds in and 鈥攖o press Congress to act now and make the 2017 .

CHIPS: New Sen. Jon Husted (R-OH), the former lieutenant governor of the state, expressed support for the CHIPS and Science Act, emphasizing its bipartisan backing and importance of national security. 鈥淔or the economic and national security of America, we need to make chips in the USA鈥擨 believe this is part of an America First agenda,鈥 he wrote in a provided to The Columbus Dispatch.

  • House Speaker Mike Johnson (R-LA) to Punchbowl that nothing would be discussed on the CHIPS and Science Act until the president鈥檚 FY 26 budget.
  • Sen. Todd Young (R-IN) that the president鈥檚 mention of the act in his speech was 鈥渘ot consistent with the extensive conversations we鈥檝e had with the administration about the many successes and future of the CHIPS program and how it helps with our shared goal of creating a robust domestic chips supply.鈥

Trade and workforce: 鈥淎s I鈥檝e said, tariffs are a tool in the toolbox, but they must be strategic and support American jobs鈥攏ot create uncertainty that undercuts our domestic manufacturing,鈥 Rep. Debbie Dingell (R-MI) told the . 鈥淭he domestic auto industry currently relies on an integrated North American supply chain, and our trade policies need to reflect that.鈥

  • Sen. Thom Tillis (R-NC) zeroed in on implementation of any tariffs. 鈥淚f you鈥檙e talking about tariffs that are going to be inflationary, causing all kinds of retaliation and disrupting the markets, I鈥檓 almost certainly against them,鈥 he said in an with CQ Roll Call. 鈥淗owever, if you鈥檙e talking about tariffs that are used surgically 鈥 to be used judiciously and to build the economy, then I鈥檓 all for it.鈥
  • For Sen. Kevin Cramer (R-ND), according to (subscription), 鈥淚t comes down to how long [the tariffs] would last.鈥 He said you 鈥渃an鈥檛 simply turn on and off an inflationary switch鈥 or flip a switch to build manufacturing facilities in the U.S., 鈥渙r even harder yet, get the workforce to fill those jobs that would be created, particularly at the same time as you鈥檙e shirking immigration.鈥

Big picture: 鈥淢anufacturers are already planning for 2026, and they need the certainty to invest and grow now. We鈥檙e seeing bipartisan interest in these priorities, and the 17吃瓜在线 is building consensus to achieve exactly that and have even stronger champions for manufacturers in Congress to reinforce what we need to compete and win,鈥 said 17吃瓜在线 Executive Vice President Erin Streeter.

Policy and Legal

17吃瓜在线, Allies: Reject Reintroduced PRO-Act

By 17吃瓜在线 News Room

The Richard L. Trumka Protecting the Right to Organize Act, reintroduced this week, would harm manufacturers and their employees alike if it passes, the 17吃瓜在线 and allied organizations the Senate Tuesday.

What鈥檚 going on: The PRO Act, reintroduced Wednesday by Sen. Bernie Sanders (I-VT) and Rep. Bobby Scott (D-VA), to broaden labor protections for workers.

  • In truth, however, it 鈥渨ould limit workers鈥 right to secret ballot union representation elections, allow government bureaucrats to unilaterally impose contracts on the private sector, trample free speech and debate, jeopardize industrial stability and limit opportunities for small businesses and entrepreneurs,鈥 according to the Coalition for a Democratic Workplace, a group of organizations representing employers and employees. The 17吃瓜在线 is a member.

Why it鈥檚 a problem: 鈥淭he PRO Act is designed to push union representation on workers whether they want it or not,鈥 the coalition said. The legislation would do this by:

  • Limiting the right of employees to vote for or against union representation via secret ballot, instead instituting 鈥渃ard check鈥;
  • Limiting employees鈥 right to free speech, effectively silencing debate;
  • Giving the government unprecedented control over private-sector employment contracts;
  • Requiring employers to give union organizers employees鈥 personal information without the employees鈥 consent;
  • Eliminating right-to-work protections nationwide; and
  • Allowing unions to choose a bargaining unit that maximizes its chances of winning an election instead of having the National Labor Relations Board choose a unit fairly.

The 鈥淎BC test鈥: In addition, the PRO Act would limit people鈥檚 opportunities for self-employment by imposing California鈥檚 failed 鈥淎BC test鈥 on workers to determine whether they are independent contractors or employees.

  • 鈥淭he ABC test makes it very difficult for someone to work as an independent contractor by defining the term 鈥榚mployee鈥 very broadly,鈥 the groups told the Senate. 鈥淣ationwide implementation would forcibly reclassify millions of workers who routinely say they do not want a traditional employee relationship and prize the flexibility and autonomy independent contracting provides.鈥澨

Joint employment: The measure would also replace the existing standard for determining who is a 鈥溾 under federal labor law with a much broader, more vague definition.

  • 鈥淭he current standard focuses on whether the potential employers have direct and immediate control over employees. The PRO Act standard, on the other hand, would establish joint employment liability based on indirect or even just reserved control.鈥
  • 鈥淚t would overturn decades of established听labor law and undermine nearly every contractual relationship, from the franchise model to those between contractors and subcontractors and suppliers and vendors.鈥

The economic impact: The PRO Act would be economically devastating to companies, workers and the country, the coalition said.

  • The measure鈥檚 independent worker classification alone could cost up to $57 billion nationwide, while its joint-employer standard would cost franchises as much as $33.3 billion annually.
  • This would mean more than 350,000 job losses and a 93% spike in lawsuits.
Policy and Legal

President Trump Cements Tariffs as a Fixture of Trade Policy

By 17吃瓜在线 News Room

In his first address to Congress in his second term, President Trump made it clear that tariffs are not just a temporary tool, but a fixture of his administration鈥檚 trade policy. The president discussed his vision for an 鈥淎merica First鈥 strategy, which includes the tariffs that went into effect and .

In his words: 鈥淒eals are being made,鈥 he said. 鈥淭hat鈥檚 a combination of the election win and tariffs. It鈥檚 a beautiful word, isn鈥檛 it?鈥

  • 鈥淚f you don鈥檛 make your product in America 鈥 you will pay a tariff and, in some cases, a rather large one. Other countries have used tariffs against us for decades, and now it鈥檚 our turn to start using them against those other countries.鈥
  • 鈥淥n average [according to the president], the European Union, China, Brazil, India, Mexico and Canada 鈥 and countless other nations charge us tremendously higher tariffs than we charge them. It鈥檚 very unfair.鈥
  • 鈥淸On April 2,] reciprocal tariffs kick in, and whatever they tariff us, other countries, we will tariff them鈥f they do nonmonetary tariffs to keep us out of their market, then we will do nonmonetary barriers to keep them out of our market.鈥

On Canada and Mexico: 鈥淸W]e have very large deficits with both of them. 鈥 We pay subsidies to Canada and to Mexico of hundreds of billions of dollars. And the United States will not be doing that any longer. We are not going to do it any longer.鈥

  • 鈥淭ariffs are about making America rich again and making America great again, and it is happening, and it will happen rather quickly. There will be a little disturbance, but we are OK with that.鈥

The 17吃瓜在线鈥檚 take: Ahead of the speech, 17吃瓜在线 President and CEO Jay Timmons pointed out in a that manufacturers鈥攅specially those with thin margins鈥攁re already feeling the pressure from new tariffs. 鈥淭he stakes couldn鈥檛 be higher for manufacturers right now,鈥 he said. The 17吃瓜在线 highlighted some examples after the tariffs went into effect yesterday from both small and large manufacturers:

  • A power-engineering manufacturer faces $25 million in additional costs from the Mexico tariffs alone, impacting the ability to supply U.S. utilities and industrial customers.
  • A major consumer goods manufacturer is looking at $231 million new costs from tariffs from Mexico and Canada.
  • A small copper manufacturer was forced to turn back 388,000 pounds of copper at the Canadian border when tariffs took effect, with future imports costing an extra $50,000 per truckload.

Comprehensive manufacturing strategy: 鈥淭o mitigate the adverse effects of today鈥檚 tariffs,鈥 Timmons said, 鈥淧resident Trump and Congress [need] to implement a that would create predictability and certainty to invest, plan and hire.鈥

  • That strategy should include making President Trump鈥檚 2017 tax reforms permanent and more competitive, securing regulatory certainty, expediting permitting reform to unleash American energy dominance and key manufacturing projects, increasing the talent pool and implementing a commonsense trade policy, Timmons added.
  • In recent weeks, including with the , Timmons has been raising the alarm on the need to move now on preserving and extending the 2017 tax reforms in the face of the uncertainty and price pressures.

The bottom line: 鈥淏uilding things in America only works if we can sell them around the world,鈥 said Timmons. He added this morning: 鈥淭hat鈥檚 why we鈥檙e urging President Trump and Congress to provide greater predictability with a phase-in period for manufacturers to adjust to new trade realities, while also establishing clear exemptions for critical inputs, enabling reciprocity in manufacturing trade.鈥

  • 鈥淧resident Trump can make American manufacturing greater than ever before by negotiating a 鈥榸ero for zero鈥 tariffs manufacturing trade deal with our major trading partners,鈥 Timmons said.

Developing: This morning on , Commerce Secretary听Howard Lutnick hinted publicly that he has heard the 17吃瓜在线 and the industry鈥檚 urging for relief from tariffs on Canadian and Mexican imports for products that comply with the U.S.鈥揗exico鈥揅anada Agreement鈥攁 signature achievement of President Trump鈥檚 first term.

Policy and Legal

President Trump Doubles Down on Tax Reform

By 17吃瓜在线 News Room

鈥淸T]he next phase of our plan to deliver the greatest economy is for this Congress to pass tax cuts for everybody,鈥 President Trump said last night, reiterating the importance of this key manufacturing policy priority. 鈥淭hey鈥檙e in there. They鈥檙e waiting for you to vote,鈥 he said.

The urgency: Even before price pressures from tariffs, the 17吃瓜在线鈥檚 with EY showed that failing to act now could cost the U.S. 6 million jobs鈥攊ncluding more than 1.1 million in manufacturing.

  • In addition, approximately $540 billion in employee wages will be lost, and U.S. GDP will be reduced by $1.1 trillion.

The 17吃瓜在线 says: 鈥淲hen President Trump signed these tax cuts into law, it was rocket fuel for manufacturing in America and made the U.S. economy more competitive on a global scale,鈥 Timmons last night. 鈥淭hat fuel is about to run out as key provisions have expired, and others are about to lapse. 鈥e must ensure these historic, pro-growth manufacturing provisions are made permanent and even more competitive so manufacturers can plan, grow and succeed.鈥

  • 鈥淢anufacturers need a deal now as they make decisions for investments in 2026 and beyond,鈥 17吃瓜在线 Executive Vice President Erin Streeter said. 鈥淓very day we delay costs investments, jobs and opportunity.鈥

Making the case: Since toward a tax deal with House Speaker Mike Johnson (R-LA), House Majority Leader Steve Scalise (R-LA), House Ways and Means Committee Chairman Jason Smith (R-MO) and Senate Finance Committee Chairman Mike Crapo (R-ID) at the Capitol in January, the 17吃瓜在线 has kept the pressure on lawmakers.

  • Yesterday during the president鈥檚 address to Congress, the 17吃瓜在线 leveraged a new , 鈥淲hen Manufacturing Wins, America Wins,鈥 to amplify its message even further.
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