FPA Signs Letter in Support of the False Claims Enhancement Act
The undersigned organizations write in strong support of the bipartisan False Claims Enhancement Act, critical legislation which would end the questionable practice of applying inappropriate tariffs on private contracts for materials where no tariff is owed. Since the imposition of a 10% aluminum tariff was put into place in March 2018, the aluminum market has experienced unprecedented cost fluctuations that are completely disconnected from market fundamentals. This market disruption stems partially from aluminum producers, mills and traders that charge aluminum end-users a tariff on aluminum which should not be subject to a tariff. The unforeseen price variations have added billions of dollars in cost to end users and in turn have increased the price of soda and beer cans, food containers, cars, planes, boats, campers, and other goods that utilize aluminum.
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