MCIA TELLS UK GOVERNMENT US-EU TRADE WAR WILL HARM MOTORCYCLE INDUSTRY


March 8th, 2018.


The Motorcycle Industry Association (MCIA) has written to the UK government expressing the industry’s concern regarding a potential trade war following the US president’s announcement to significantly increase tariffs on steel and aluminium imports to the US.


The EU Commission has prepared retaliatory counter measures which, if initiated, have an extremely high risk of negatively impacting a number of MCIA member companies.

Should the situation escalate, there is a strong possibility that the European and UK market will suffer significant damage at a time when Brexit brings enough uncertainty and challenge to the economy.

The MCIA’s position will mirror that of the European trade body, ACEM.

MCIA, ACEM and its members are committed to a free and balanced trading environment to preserve businesses and jobs. The ACEM position can be read in full here.

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