Follow up on an earlier post, the US Chamber of Commerce launches a campaign today titled “Trade Works. Tariffs Don’t” . It warns that “the administration’s new tariffs threaten to spark a global trade war.”
Such tariffs prompted retaliations with dollars in billions of dollars in tariffs on American-made products. And it criticized that tariffs by the US are ” nothing more than a tax increase on American consumers and businesses–including manufacturers, farmers, and technology companies”. Retaliation by other countries will “make American-made goods more expensive, resulting in lost sales and ultimately lost jobs here at home.”
It emphasized that this is the wrong approach, and it threatens to derail our nation’s recent economic resurgence.
This is the link to an interactive map that shows the impacts state by state.
The chamber also urged Americans to “Send a Message to Congress” to voice out objections against the tariffs.