SCHAEFFLER GROUP USA, INC.

Trade and tariff developments impacting the auto industry, including Section 232 tariffs on autos, Section 232 on steel and aluminum, Section 301 tariffs, IEEPA tariffs on Mexico and Canada, IEEPA reciprocal tariffs. Importance of USMCA for auto industry.

Preserving IRA incentives (for example Section 45X production tax credit) for clean energy manufacturing. Production Tax Credit for Permanent Magnets, The Rare Earth Magnet Security Act (H.R. 1496)