MEMA: Tariffs not the solution for intellectual property theft

A trade group representing U.S. auto parts makers stated on Wednesday it is in favor of stronger bilateral engagement between the United States and China and that tariffs were not the solution for intellectual property theft.

“We are worried about the impact that tariffs will have on the ability of our 1,000 company members to remain competitive in a international marketplace,” stated Ann Wilson, senior vice president of government affairs at Motor Equipment Manufacturers Association (MEMA).