Feb. 20: MichAuto Statement on SCOTUS IEEPA Decision
“The decision released this morning from the Supreme Court, striking down the use of the International Emergency Economic Powers Act, correctly recognizes that the law was misapplied when targeting our friendly trading partners in North America and elsewhere.
While we recognize that other avenues exist for the Administration to again impose these tariffs, we continue to stress that Michigan’s businesses are disproportionately negatively impacted by tariffs, especially in our automotive, manufacturing, and agriculture sectors.
MichAuto and the Detroit Regional Chamber continue to support the use of tariffs as a means to ensure a level playing field in global economic exchange and will work with federal officials and the U.S. Trade Representative to achieve a balanced approach to international trade. It remains our focus and objective that the governments of the United States, Canada, and Mexico extend the USMCA this year. We are stronger together with our closest trade partners.”
-Glenn Stevens Jr., Executive Director, MichAuto; Chief Automotive and Innovation Officer, Detroit Regional Chamber
MichAuto Advocates for Extension of Critical Trade Agreement, USMCA
On Dec. 4, MichAuto’s Director of Government and Community Affairs, Paul Corbett, was in Washington, D.C., to provide comment on upcoming USMCA renegotiations. Corbett presented on behalf of the state’s automotive and mobility industry before the United States Trade Representative to ensure the agreement is thoughtfully renegotiated and extended. The three countries are expected to begin these discussions in July 2026.
Why it Matters: Michigan bears a disproportionate economic risk to trade policy disruption and fluctuation. The USMCA is a bedrock of industry resilience and an essential tool for maintaining productive trade relationships and economic vitality across North America. The key industry stakeholders MichAuto represents continue to rely on the certainty this critical trade agreement provides to make long-term, capital-intensive investments that bolster Michigan’s economy.
Analysis
The race to revive tariffs
Source: FOXBusiness
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