WASHINGTON – Tariffs Hurt the Heartland, a campaign joining working families, farmers, manufacturers, retailers and small businesses across America today highlighted the unified industry concern over a new round of tariffs on $200 billion in goods. Tariffs Hurt the Heartland released a statement yesterday on the tariffs that highlights how they will be paid for by working families.
Read the below statements from a diverse group of American Industries highlighting how tariffs will hurt them:
The Toy Association: “The recently-implemented $200 billion round of new tariffs will hit a cross section of our member companies with rising costs, while the threatened additional rounds of tariffs, should they come to pass, will almost certainly sweep up all finished toys and cause irreparable harm to toy companies of all sizes, particularly small businesses. Tariffs on toys and consumer products are nothing more than a tax on American families. Our children’s birthdays, holiday presents, and joy of play shouldn’t be a bargaining chip in an international trade war.”… READ FULL STATEMENT
Motor & Equipment Manufacturers Association: “The tariffs on roughly $200 billion worth of imports from China announced by President Trump on September 17 will serve as a tax increase on the American public and consumers by increasing the costs of a new car or truck and of maintaining the hundreds of millions of vehicles currently on the roads. MEMA is disappointed that the administration has elected to implement these tariffs and urges the administration to protect intellectual property in more effective and targeted means rather than broadly applied tariffs.”… READ FULL STATEMENT
American Apparel and Footwear Association: “We are extremely disappointed that President Trump has, once again, decided to impose a huge new tax on American consumers and manufacturers. During the public review process, AAFA and many of its members detailed the extreme damage this new tax will do to our industry, our nearly four million U.S. workers, and to every American family. It seems most of those pleas were ignored. Instead, today’s announcement shows a deep disregard for American businesses, American workers, and American families, who will be negatively impacted by this decision. This is a very dangerous game to play, one that will not end with a winner.”… READ FULL STATEMENT
American Petroleum Institute: “We understand the need to address discriminatory trade practices, but this policy will essentially impose a new tax on $200 billion worth of products on which American families and businesses rely.”… READ FULL STATEMENT
National Fisheries Institute “This tariff driven trade war continues to be a misguided strategy that will hurt U.S.-based seafood jobs and jeopardize important trade relationships. Americans who process seafood in Ohio will be hurt, along with those who portion it in Pennsylvania, deliver it in Minnesota and harvest it in Alaska. Along with jeopardizing jobs, it’s a tax on Americans. Less employment in the seafood sector combined with higher prices for the product is a recipe for disaster. The National Fisheries Institute calls on policy makers in both countries to negotiate an end to this before any more damage is done. Dueling tariffs continue to be a mistake. There is an old saying; an eye-for-an-eye leaves the whole world blind. It is especially apropos now.”
Continue reading “American Industries of All Stripes Voice their Concerns Over Tariff Escalation”