ATLANTA – In response to ECIA members and industry stakeholders, the Association’s Global Industry Practices Committee (GIPC) has established a working group to facilitate information sharing and impact mitigation strategies around tariff operations. This group will address process and strategic concerns including:

• Methods and strategies for handling tariff charges.
• Understanding different government regulatory frameworks, e.g. Section 301a and IEEPA.
• Details about Free Trade Zones (FTZ) and the benefits of creating one
• Improving the duty drawback process.
• Effectively communicating tariff charges.
• Addressing unique tariff challenges presented on supplier returns.

“We have spent the past few weeks collecting and digesting the input from our members about the most impactful areas where we can help member companies prepare for and adjust to new tariff realities,” commented Christine Wolnik, ECIA’s Vice President of Industry Practices. “At a breakout session during the ECIA Joint Council and GIPC meetings in Phoenix

and then at a subsequent all member webinar, we listened and took notes and then began recruiting experts to address this industry challenge.”

The Tariff Working Group will publish guidance documents, conduct webinars, and meet with commerce department officials as needed to confront the challenges as they arise while the administration’s trade policy changes are implemented.

Companies tentatively committed to these efforts include Arrow Electronics, Avnet, Digikey Electronics, Hirose Electric, Marsh Electronics, Master Electronics, Microchip, Molex, Onsemi, PUI Audio, Taiwan Semiconductor, TE Connectivity, TTI, Vishay, Waldom Electronics, World Micro and WPG Americas.

For more information about the GIPC and ECIA membership, visit www.ecianow.org.

About ECIA

The Electronic Components Industry Association (ECIA) is made up of the leading electronic component manufacturers, their independent manufacturer representatives and authorized distributors. ECIA members share a common goal of promoting and improving the business environment for the authorized sale of electronic components. Comprised of a broad array of leaders and professionals representing all phases of the electronics components supply chain, ECIA is where business optimization, product authentication and industry advocacy come together. ECIA members develop industry guidelines and technical standards, as well as generate critical business intelligence. For more information, visit www.ecianow.org or call 678-393-9990.

• Prev
• Next