In December, the NATM Executive Committee met in person at NATM Headquarters to set the 2020 committee goals and choose committee members. Using the results of interest indicators sent to all NATM members in November, members were selected for each committee. Taking into account the 2019-2021 Strategic Plan and NATM’s Mission, the Executive Committee diligently thought through what each committee could do to help raise the Association to new heights. For more information about becoming more involved in NATM through committee participation, contact NATM Executive Director Kendra Ansley at Kendra.Ansley@natm.com or call (785) 272-4433.
Phase One Trade Deal
On Wednesday, Jan. 15 negotiators for the US and China came together to sign the Phase One trade agreement. The deal, seven chapters in length, covers intellectual property, technology transfer, agriculture, financial services, currency, expanding trade, and dispute resolution. The full text of the agreement can be found here and fact sheets found here.
Though the agreement did not include tariff relief, the President did reaffirm the commitment to cutting the List 4A tariff rate to 7.5% from 15% on Feb. 14. As a reminder, List 4A is primarily clothing. According to Bloomberg, unnamed officials have indicated that no additional tariff relief is to be expected until after the 2020 election.
Notably, China has posted its weakest economic growth in 29 years according to Reuters.
US-Mexico-Canada Agreement (USMCA)
While many believed USMCA passage might not occur in the Senate until after the impeachment trial by the Senate, on Jan. 16 the Senate passed USMCA 89-10. Next, the bill headed to the President’s desk where he is expected to sign by the end of January.
However, the President’s signature does not yet mean the agreement is in force. Mexico and Canada must take the necessary measures to comply with the agreement. A slight delay can be expected as the Canadian parliament doesn’t resume until Jan. 27. When both countries have taken the appropriate steps, the President must notify Congress in writing 30 days prior to entry into force of the agreement of such action. Still the agreement enters into force after the President and government of Mexico and Canada follow-through with all specified implementing procedures. This is expected in 2020, though the exact timeline remains uncertain.
The National Association of Trailer Manufacturers updated its highly popular Safely Towing a Trailer brochure after distributing 45,000 copies in less than five years. The brochure is based on the National Highway Traffic Safety Administration’s consumer safety information. It provides general guidance, tips, and necessary information about important factors to consider and equipment needed to improve the safety of towing trailers.
NATM Members and Dealer Affiliates can purchase printed Safely Towing a Trailer booklets individually, by case, or can opt for selecting a company-specific brochure, in PDF format, for $500. The personalized booklet will feature 8-10 photos or logos from your company throughout the document.
NATM will send you the PDF of the final document so that your company can print as many brochures as you wish! This is an easy, affordable way to market your company while also educating your customers about trailer safety.
The publication includes tips on selecting a tow vehicle, tow vehicle ratings, measuring the weight of a trailer, connecting your trailer to your vehicle, tire safety, loading, and weight distribution, safe driving tips, and the pre-departure safety checklist.
New this year is an extended “Maintenance” section. NATM regularly fields questions and complaints regarding corroding trailers from end-users. This problem is greatly dependent on the use and care of a trailer by its owner. The new maintenance section explains what causes rust, including corrosive materials such as rock salt used for deicing roadways, chips in the protective layer exposing the metal, and galvanic corrosion resulting from dissimilar metals making contact.
End-users are given recommendations on how to avoid and treat corrosion through regular maintenance and cleaning. For more information about preventing corrosion, see NATM’s January/February 2020 issue of Tracks magazine.
NATM Members and Dealer Affiliates can request copies of the brochure by contacting NATM by emailing firstname.lastname@example.org or by calling (785) 272-4433.
Are you a new NATM Trailer Manufacturing member or a manufacturing member who has not attended the Convention in five or more years? You could be eligible for two complimentary full registrations per the NATM New Attendee Promotion! For more details or questions, please contact NATM Membership & Events Director Kelli Maydew at email@example.com or (785) 272-4433.
To see additional Convention & Trade Show details, including the full Agenda, exhibitors and layout, hotel information, etc. please look here.