While the Alliance has not taken a formal position on tariffs, we are working to connect business to their legislators and others when they have feedback to share. Below is a message from the U.S. Chamber of Commerce president and CEO, Tom Donohue, regarding this federal issue. The U.S. Chamber is collecting information from businesses that have been impacted – our manufacturers should feel free to contribute if interested.
The United States is sinking deeper into a costly trade war. You have seen the stories, and your company may already be feeling the effects.
The U.S. Chamber has been fighting against these counterproductive policies from the beginning, and our most powerful and persuasive tool has proven to be your voice. The administration pays close attention to the impact the tariffs are having on businesses like yours.
The tariffs imposed by the U.S. on our trading partners have prompted approximately $75 billion worth of retaliatory tariffs on American products. Now the administration is preparing or considering hundreds of billions of dollars in additional tariffs – including on autos and auto parts – all of which will invite more retaliation against American businesses. Regarding the situation with China, we agree with the administration that we must take action to address their unfair trade practices, but we should use other effective means, not tariffs.
To put an end to this, we are lobbying and educating the administration and Congress, organizing the broader business community and driving the public debate. We don’t intend to let tariffs wipe out the economic gains made possible by tax reform and regulatory relief.
You can help us build a compelling and persuasive case for ending the trade war by sharing your story with us. Please share how tariffs are impacting your company or industry. If you wish, we can keep your company anonymous.
You can also make sure your company is plugged into our efforts by signing up for updates. Email Elizabeth Guillot (eguillot@USChamber.com) from International if you’re interested.
Thank you for your continued support. We appreciate your willingness to stand up for smart trade policy.
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