Fastener Shanghai
fastener
fastenerHomefastener
fastener
fastenerNewsfastener
fastener
fastenerfastenerBuyers' Guidefastener
fastener
fastenerStandard Searchfastener
fastener
fastenerFor Buyersfastener
fastener
fastenerFor Suppliersfastener
fastener
fastenerMagazinefastener
fastener
fastenerTrade Showsfastener
fastener
fastenerMy Officefastener
fastener
fastenerPost Inquiriesfastener
Home->Fastener News->US Chamber of Commerce launches campaign against T...You are the 530930 visitors
Views:877   |   recommendation:   |   Votes:0   |   Discuss:0
US Chamber of Commerce launches campaign against Trump's tariffs

The US Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.

The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant, which has 3 million members. Using a state-by-state analysis, it argues that Trump is risking a global trade war that will hit the wallets of US consumers.

The administration is threatening to undermine the economic progress it worked so hard to achieve," said Chamber President Tom Donohue in a statement to Reuters. "We should seek free and fair trade, but this is just not the way to do it."

The Chamber based a state-by-state analysis on data from the US Department of Commerce and government agencies in China, the EU, Mexico and Canada. For example, the Chamber said Texas could see $3.9 billion worth of exports targeted by retaliatory tariffs, Tennessee, $1.4 billion and South Carolina, $3 billion.

The Chamber historically has worked closely with Republican presidents and praised Trump for signing business tax cuts in December. But mounting trade tensions have opened a rift with the president.

Trump has implemented billions of dollars in tariffs targeted at China, Canada, Mexico, and the European Union, saying such moves are needed to offset trade imbalances.

REUTERS

2018/7/3 16:59:00

Previous:    Canada Tariffs On US Goods From Ketchup To Lawn Mowers Begin
        Next:    FOURTH EDITION OF FASTENER FAIR MEXICO BROUGHT FASTENER TECHNOLOGIES TO A NEW MARKETPLACE

Recent Related News
U.S., China Agree on Trade War Ceasefire After Trump, Xi Summit--2018-12-03
China Trade Surplus With U.S. Widens to Record $34.1B--2018-10-15
Report: Long Trade War Would Hurt U.S. More Than China--2018-09-30
US Ports Fear Tariffs Could Reduce Ship Traffic and Jobs--2018-09-03
US and Mexico Tentatively Set to Replace NAFTA With New Deal--2018-08-29
US Firms to Trump: Don't Raise Tariffs on More Chinese Goods--2018-08-22
US July Fastener Distributor Index Surges Further, But Indicates Looming Slowdown--2018-08-15
US Hikes Section 301 Tariff On Chinese Goods to 25%, Including Fasteners--2018-08-08
Backing Off Auto Tariffs, US And EU Agree To More Talks--2018-07-30
US proposes tariffs on $200 billion more in Chinese imports--2018-07-11
RUSSIA LAUNCHES TARIFFS ON U.S. AS KREMLIN CALLS TRUMP’S MOVE ‘PROTECTIONIST’--2018-07-09
Canada Tariffs On US Goods From Ketchup To Lawn Mowers Begin--2018-07-03

Vote for this news?

fastener(Very Good)
fastener(Good)
fastener(Normal)
fastener(Bad)
fastener(Very Bad)


Discuss
More Discuss...
Your Name: Anonymous

Enter the code shown:fastener5fastener

Fastener Trade Show Suzhou


China Fastener Directory
Get it FREE!
fastener
Get your CFD at the following shows:

•M-Tech Tokyo, Feb 6-8, 2019, Tokyo, Japan

•WIN EurAsia, Mar 14-17, 2019, Istanbul, Turkey

•Fastener Fair Stuttgart, Mar 19-21, 2019, Stuttgart, Germany



Show Room



Offer Product

Latest News
• China's auto sales continue to fall in November

• China's industrial robot output up 8.7 pct in Jan-Oct

Buyers' Guide
Company News

• YuYao No. 2 Standard Fastener/YuYao Biaoer: A Reliable Partner For Eyebolts

• Dongtai Huawei Standard Component Corporation: Develop New Products, Target on Mid and High-End Markets

The Way to Enter Chinese Market
The Way to Enter Chinese Market


fastener