Westchester, NY—Congressman Eliot L. Engel, the top Democrat on the House Foreign Affairs Committee, has written a letter to U.S. Treasury Secretary Steven Mnuchin requesting that the Treasury Department take action to adjust U.S. tariffs to better help small businesses in NY-16, including Ball Chain Manufacturing Company in Mount Vernon, New York. Engel has worked closely with Ball Chain Manufacturing President Bill Taubner to help craft these proposed adjustments that would address the unfair trade competition in the finished goods and raw materials sector, specifically as it relates to low-priced imports from China and South Korea.
“Small businesses like Ball Chain Manufacturing, with over 80 employees in Mount Vernon, are the engine that drives our local economy,” Engel said. “But these businesses struggle to compete with cheap imports, high foreign tariffs on exported products and increases in raw materials from U.S. suppliers. We need to help our local businesses deal with unfair global competition. Adjusting U.S. tariffs would go a long way toward helping Ball Chain Manufacturing, and other New York companies, succeed and retain jobs. Therefore I am hopeful Secretary Mnuchin will agree to take the lead on this important issue.”
In a statement issued by Ball Chain Manufacturing Co., Inc., Bill Taubner, the company’s President thanked Congressman Engel for his efforts:
“On behalf of all of our employees and their families, we sincerely thank Congressman Engel for his support on international trade matters. Addressing the challenges to our business and businesses across the country created by imports from Asia is critical to the survival of the USA’s manufacturing industry.”
Please note this press release was originally published on April 13, 2018 by Congressman Engel’s House of Representative’s office and posted to this website no sooner than 72 hours after initial publication.