While the groups support the administration’s efforts to address China’s discriminatory trade policies and practices, ACA believes the imposition of tariffs would “trigger a chain reaction of negative consequences for the U.S. economy, provoking retaliation; stifling U.S. agriculture, goods, and services exports; and raising costs for businesses and consumers,” as stated in the letter.
In the letter, the associations outlined how the tariffs would be harmful to U.S. consumers and business, existing supply chains, and American jobs. The groups urged the administration to allow industry experts to weigh in on the economic impact of these policies and to work with the business community to identify a solution to this problem.
This new joint association letter follows ACA’s initial letter sent to the White House last week urging the administration to reconsider the steel and aluminum tariffs.