02/20/2026 | Press release | Distributed by Public on 02/21/2026 14:43
SEMA STATEMENT ON U.S. SUPREME COURT TARIFFS DECISION
WASHINGTON, D.C. (Feb. 20, 2026) - In response to the U.S. Supreme Court's 6-3 ruling to strike down the Trump Administration's tariffs issued under the International Emergency Economic Powers Act of 1977 (IEEPA), the Specialty Equipment Market Association (SEMA) made the following statement:
"SEMA hopes this court decision enables the space to establish a transition period where American companies can reshore their operations, diversify their supply chains, and re-establish their domestic manufacturing capabilities. We encourage President Trump to continue to remove regulatory barriers that hamper the ability of small manufacturers to thrive domestically."
BACKGROUND
About SEMA
The Specialty Equipment Market Association (SEMA) serves as a leading voice for the worldwide car culture, representing over 7,000 member companies that create, buy, sell, and use specialty-automotive parts that make vehicles more unique, attractive, convenient, safer, fun, and even like new again. Business member benefits include product development resources, market research, networking, education, legislative advocacy, and more. The Association organizes the annual SEMA Show in Las Vegas, Nev., and actively supports the career and business opportunities that the aftermarket generates. The industry contributes nearly $337 billion in economic impact to the U.S. economy, supports 1.3 million jobs nationally, and generates nearly $53 billion in parts sales annually. For more information, visit www.sema.org.
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