American Industries of All Stripes Voice their Concerns Over Tariff Escalation

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.”

National Marine Manufacturing Association: “While the preliminary 10 percent tariff is better than the eventual 25 percent tariff, this silver lining is not a reason to celebrate. We go from feeling optimistic that China and the U.S. will hold meaningful discussions and deescalate the trade war on one day. But the next day, the Trump Administration announces that they are moving forward with tariffs on an additional $200 billion in Chinese products – including fiberglass, inflatable boats, and trailer tires. Rather than moving us closer to a deal that will stop China from taking advantage of American companies, today’s actions and ongoing uncertainty are hurting U.S. businesses and putting our economy at an even greater disadvantage.”… READ FULL STATEMENT

Association of Equipment Manufacturers: “This extreme use of tariffs hurts our nation’s access to global markets and threatens many of the 1.3 million good-paying equipment manufacturing jobs our industry supports. To make matters worse, U.S. farmers are losing out at a time when their incomes are on the decline. It’s clear everyone loses in a trade war. This administration should be looking for ways to improve our trade relationship with China, not doubling down on tactics that only lead to continued retaliatory actions.”… READ FULL STATEMENT

American Chemistry Council: “There is no acceptable tariff rate for global chemicals trade with China or any U.S. trading partner. Only zero tariffs will maximize our industry’s potential to deliver innovative products to new regions and increase social, environmental, and economic sustainability around the world. Total chemicals trade between the U.S. and China has grown steadily over the years, and manufacturers in both countries depend on doing business together in order to stay competitive in the global marketplace.”… READ FULL STATEMENT

Retail Leaders Industry Association: “We are extremely discouraged by the Administration’s announcement to levy tariffs on millions of products American consumers buy every day. Tariffs are a tax on American families, period. Consumers– not China – will bear the brunt of these tariffs and American farmers and ranchers will see the harmful effects of retaliation worsen. We are disappointed to see that warnings from importers and exporters representing every sector of the U.S. economy have not been heeded with no time for mitigation.”… READ FULL STATEMENT

National Retail Federation: “We cannot afford further escalation, especially with the holiday shopping season right around the corner. The mere talk of tariffs on all remaining Chinese imports is of serious concern to retailers since tariffs of that magnitude would touch every aspect of American life. Achieving better trade deals is an important priority, but there is nothing better about it when American families are forced to pay higher prices for everyday purchases.”… READ FULL STATEMENT

Consumer Technology Association: “Retaliatory tariffs, whether 10 percent or 25 percent, are bad policy. We are especially concerned about retaliatory tariffs on printed circuit assemblies, routers and networking equipment. They will stifle our global leadership in 5G, create an internet tax on businesses and cause uncertainty for companies.”… READ FULL STATEMENT

Information Technology Industry Council (ITI): “President Trump’s decision to impose an additional $200 billion is reckless and will create lasting harm to communities across the country. China must change, but this is not the way to achieve the needed market access in China. More tariffs not only punish American consumers, manufacturers, and businesses of all sizes, they will also diminish the opportunity to negotiate with the Chinese and address longstanding trade issues. If implemented, these tariffs will have both short- and long-term effects on the United States – from increased prices at the checkout counter to decreased leadership on the emerging technologies that will shape our future.”… READ FULL STATEMENT

United States Council for International Business (USCIB): “As we have stated on numerous occasions, including the recent U.S. public hearings on these tariffs, American companies and consumers are already feeling the impact of earlier tariffs, in the form of rising costs and operational disruptions. The administration’s latest moves will only make matters worse.”… READ FULL STATEMENT