Trump Orders 25% Tariffs On Chinese Imports

The United States and China have embarked on a trade war following a breakdown in negotiations. The 10% tariffs imposed last September on $200 billion worth of Chinese imports rose to 25% on May 10, 2019.

However, the tariff hikes will not take effect until June 1, 2019, for products shipped before the deadline on May 10 but still in transit to the US. 
 
The Trump Administration had already imposed 25% tariffs on $50 billion worth of Chinese imports in July and August 2018. 

China had already imposed retaliatory tariffs in the amount of 5% and 10% on $60 billion worth of US goods. Most of these levies will increase to 10%, 20% and 25% and include many agriculture products. The tariffs will stay at 5% for a few categories including vehicle parts.
 
US/Chinese negotiations continue despite the tariff wars, with the June 1 effective date allowing a little hope for a truce. President Donald Trump and Chinese President Xi Jinping are scheduled to meet at the G20 summit on June 28-29, 2019.
 
The trade talks were reportedly nearing completion until a disagreement on how to end the practice of forced technology transfers whereby US companies are coerced into sharing technology trade secrets with their Chinese business partners. There is also a dispute on how to enforce the agreement, with the US wanting to keep some tariffs in place for at least six months while compliance is demonstrated.

US and Chinese officials are reportedly drafting six separate agreements covering agriculture, services, non-tariff barriers, currency, intellectual property rights and forced technology transfers, and cybersecurity. If talks break down further, President Trump has threatened to impose 25% tariffs on the remaining $325 billion worth of “List 4” Chinese products as soon as the end of June. Public comments on the List 4 tariffs are due June 17, 2019.

The United States and China have embarked on a trade war following a breakdown in negotiations. The 10% tariffs imposed last September on $200 billion worth of Chinese imports rose to 25% on May 10, 2019.

The United States and China have embarked on a trade war following a breakdown in negotiations. The 10% tariffs imposed last September on $200 billion worth of Chinese imports rose to 25% on May 10, 2019. However, the tariff hikes will not take effect until June 1, 2019, for products shipped before the deadline on May 10 but still in transit to the US. 
 
The Trump Administration had already imposed 25% tariffs on $50 billion worth of Chinese imports in July and August 2018. “List 1” and “List 2” goods include some miscellaneous metal and rubber parts for auto equipment, machinery, tools and measurement devices.
 
China had already imposed retaliatory tariffs in the amount of 5% and 10% on $60 billion worth of US goods. Most of these levies will increase to 10%, 20% and 25% and include many agriculture products. The tariffs will stay at 5% for a few categories including vehicle parts.
 
US/Chinese negotiations continue despite the tariff wars, with the June 1 effective date allowing a little hope for a truce. President Donald Trump and Chinese President Xi Jinping are scheduled to meet at the G20 summit on June 28-29, 2019.
 
The trade talks were reportedly nearing completion until a disagreement on how to end the practice of forced technology transfers whereby US companies are coerced into sharing technology trade secrets with their Chinese business partners. There is also a dispute on how to enforce the agreement, with the US wanting to keep some tariffs in place for at least six months while compliance is demonstrated.

US and Chinese officials are reportedly drafting six separate agreements covering agriculture, services, non-tariff barriers, currency, intellectual property rights and forced technology transfers, and cybersecurity. If talks break down further, President Trump has threatened to impose 25% tariffs on the remaining $325 billion worth of “List 4” Chinese products as soon as the end of June. Public comments on the List 4 tariffs are due June 17, 2019.

For more information, visit the SEMA website or contact SEMA’s Stuart Gosswein at stuartg@sema.org.

Image courtesy of Auto Care Association

2019 PRI Show

Attendees will have access to hundreds of rooms at newly added hotels in downtown Indianapolis when Performance Racing Industry (PRI) Trade Show registration opens May 14.

Motorsports professionals attending the 2019 Performance Racing Industry (PRI) Trade Show, December 12-14 at the Indiana Convention Center in Indianapolis, can begin making hotel reservations on May 14, the same day registration opens for the Three Biggest Business Days in Racing.

New this year, Hyatt Place and Hyatt House hotels join more than two dozen others in downtown Indy as official PRI Show host hotels.

“With tens of thousands of attendees and buyers looking to conduct business and network with fellow industry professionals at the world’s premier motorsports trade event, we encourage all PRI attendees to register and secure their hotel rooms on May 14,” said PRI Trade Show Director Karin Davidson. “By registering and booking a hotel as soon as possible, participants will ensure their housing needs are met and that they are a part of what will be another amazing Show.”

In addition to downtown hotels, Show attendees also can secure accommodations near Indianapolis International Airport, including the Plainfield area. Guests in these locations will enjoy complimentary shuttle service to and from the Indiana Convention Center, as well as free guest parking and courtesy airport shuttles.

PRI, in partnership with Visit Indy Housing Bureau, have secured Indianapolis hotel packages that range from affordable to upscale. Extra benefits for guests booking through PRI’s only official housing partner include no deposits and free in-room Wi-Fi.

“Only by booking rooms through Visit Indy Housing are Show attendees guaranteed access to officially contracted room blocks and rates,” said Davidson. “Reservations made through an agency other than Visit Indy will be at your own risk.”

Hotel reservations can made online beginning May 14 at prishow.com or directly with Visit Indy Housing via email at prihousing@visitindy.com or phone at 317/262-8191 (Monday through Friday, 8:30 a.m. to 5 p.m. ET).

This year’s PRI Trade Show will feature over 1,100 companies exhibiting in more than 3,300 booths and showcasing the latest products, services, machinery, simulation and testing technologies, and trailers for the racing industry in a single location. Now in its 32nd year, PRI encompasses all forms of racing and attracts attendees from all 50 states and over 70 countries, including professional race teams, retail shops, warehouse distributors, engine builders, fabricators, dealers, installers, jobbers and media.
 

In addition, the days leading up to and including the PRI Show—known as Race Industry Week—will offer a range of motorsports-related activities in and around the Indiana Convention Center beginning Monday, December 9. Numerous conferences, seminars and special events will offer unlimited business opportunities and provide invaluable insight on the latest racing technologies and how to apply them.  

For more information, visit prishow.com.

Are Nitrogen Filled Tires Safer?

NASCAR Racing, The Space Shuttle, The United States Air Force, United Trailers; Nitrogen has been used for decades where safety matters most.  Each tire and wheel assembly that is mounted from the factory on a United Trailer is filled with complementary Nitrogen. United Trailers uses tire and wheel assemblies with Nitrogen because of the significant quality and safety benefits it provides. Oxygen contains moisture and can cause tires to deteriorate from the inside out. The Nitrogen Generator takes in air and separates out harmful Oxygen so that each tire and wheel assembly is filled with 98% Nitrogen.

Nitrogen Benefits:​

  • Reduces the chance of tire failure by up to 50%
  • Increases tire life up to 30%
  • Improves fuel economy
  • Improves braking and handling
  • Reduces wheel corrosion
  • Reduces running temperature
  • Helps maintains proper air pressure

PRI 2016 / Indianapolis

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The annual Performance Racing Industry (PRI) tradeshow is next week. United Trailers will be on display with (4) trailers. Bring your coat, trailers will be parked on the city streets of Indianapolis outside the Indiana Convention Center.

Lionshead Tire & Wheel / No Excuses Guaranteed

lionshead image 2    United Trailers is proud to announce in cooperation with Lionshead Specialty Tire & Wheel a five (5) year warranty against manufactures’ defects on all of our radial ST (Specialty Tire) tire brands.  If the consumer has any issue with their tire in the first (12) months that is not covered by this warranty, Lionshead guarantees the replacement of that tire at NO charge under their No Excuses Guarantee program.

Additional information can be located on our website.

For more information on Lionshead Specialty Tire & Wheel, please visit their website.

 

United Trailers on display at Hay Days

 

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Come see United Trailers on display at the Annual Sno Barons Snowmobile Club Hay Days in North Branch, Minnesota on September 10 & 11.  Many trailers will be on display include the versatile UC & UATV.  For more information about Hay Days, please visit www.sno-barons.com.

PRI 2015 / Indianapolis

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The annual Performance Racing Industry (PRI) tradeshow is next week. United Trailers will be on display with (4) trailers. Bring your coat, trailers will be parked on the city streets of Indianapolis outside the Indiana Convention Center.  For more information, please visit the Performance Racing Industry website.

United Trailers / Official Trailer of WKA for 25 Years

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United Trailers is proud to be the official trailer of the WKA (World Karting Association) for 25 straight years.  “We have had an outstanding relationship with the WKA for 25 years” states company president Todd Bontrager.  “We look forward to another 25 years.”  For more information on the WKA, please visit www.worldkarting.com.

United Trailers Remembers Tony Elliott (1961-2015)

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We are sad to say that United Trailers lost a dear friend yesterday.  Tony Elliott was a champion sprint car racer and a great friend and dealer to United Trailers.  Tony was sponsored by United Trailers over 20 years ago early in his racing career.  He worked with the company for so long it became natural for him to start marketing the United race trailer and distribute them thru his dealership in Warsaw, Indiana.  His love for racing and United quickly made him one of our top dealers for the last 10 years.

Our prayers are with Cindy and the entire Elliott family.  You will be greatly missed.