U.S. Tariffs and Trade Policy – What to Expect in 2019 at International Fastener Expo

Vanessa Sciarra, Vice President for Legal Affairs and Trade &
Investment Policy at the National Foreign Trade Council (NFTC), to speak
at International Fastener Expo 2018

LOS ANGELES–(BUSINESS WIRE)–In July, the United States Trade Representative (USTR) implemented
a 10% tariff on $50 billion worth of imported goods from China. This 10%
tariff, which includes a list
of 818 products and focuses on Chinese imports that contain
“industrially significant technologies,” will increase to 25% in January
2019. A few weeks later, an additional list containing 6,031 products
was released,
increasing the value of products subject to tariffs to $200 billion. By
the end of this year, total tariffs on Chinese goods could be expected
to reach a total of $500 billion.

These tariffs have generated numerous questions amongst importers,
distributors and manufacturers. In order to help Fastener industry
professionals understand and navigate these new regulations, Vanessa
Sciarra, Vice President for Legal Affairs and Trade & Investment Policy
at the National Foreign Trade Council (NFTC), will hold an informative
session during Fastener Expo 2018 about the Administration’s current
trade policy, including the tariffs being implemented under Sections 232
and 301.

Attendees will learn about how current trade policy may affect their
businesses and strategies for managing new trade restrictions. Vanessa
will offer clear understanding of new policies and will provide U.S.
importers, manufacturers and distributors with a valuable insight of
what to expect in 2019.

Topics will include:

• Section 301 tariffs on Chinese imports;
• Section 232 tariffs on steel and aluminum imports;
• Strategies for minimizing supply chain disruptions and managing the
  impact of new trade restrictions;
• Quotas: what are quotas, how do they work, and how do they relate to
  exemptions;
• Exclusions: what is the process to obtain an exclusion;
• Exemptions: are any countries excluded from 232 tariffs;
• WTO Challenges over 232 tariffs;
• Update on the new NAFTA Agreement (USMCA).

The session will be held Tuesday, October 30, 2018 from 3:30 – 4:30 p.m.
in Las Vegas at South Seas I located on the 3rd Floor of the Mandalay
Bay Convention Center.

If you are a fastener professional, come and learn about how to
reevaluate your classifications, how to file for exclusions, the
implications of current trade policy on consumer pricing and gain
insights that may facilitate your sourcing processes.

About International Fastener Expo

The International Fastener Expo (IFE) is the largest and most diverse
gathering of fastener and industrial professionals in North America.
Founded in 1981 it serves all reaches of the supply chain, from
manufacturer to distributor to end user, and features nearly 70 product
categories. With over 850 suppliers and more than 5,000 attendees from
30+ countries, the International Fastener Expo delivers industry‐leading
content and facilitates vital industry connections at their annual
three‐day show in Las Vegas, Nevada, the entertainment and trade show
capital of North America.

International Fastener Expo is owned and operated by Emerald
Expositions, a leading operator of business‐to‐business trade shows in
the United States. The company currently operates more than 55 trade
shows, as well as numerous other face‐to‐face events. In 2017, Emerald’s
events connected over 500,000 global attendees and exhibitors and
occupied more than 6.9 million NSF of exhibition space. We have been
recognized with many awards and accolades that reflect our industry
leadership as well as the importance of our shows to the exhibitors and
attendees we serve.

Contacts

International Fastener Expo
Christina Chan
Marketing Specialist
(323)
817-2227
christina.chan@emeraldexpo.com