U.S. business groups warned President Donald Trump on Friday that he risks losing his chance of achieving a major trade victory in Congress if he follows through on a plan to impose a 5 percent tariff on all Mexican goods starting Monday.
“We, the undersigned associations, have committed to work with the administration and both sides of the aisle in Congress to support congressional passage of USMCA“ the U.S. Chamber of Commerce and 139 other business organizations said in a. “But imposing unilateral tariffs on Mexico jeopardizes a successful bipartisan vote on USMCA and approval of the agreement.“
By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time. With just days until the 5 percent tariff goes into effect, businesses warn that the simple act of even paying duties on so many goods is"Tariffs on imports from Mexico were eliminated years ago.
The Democrats threaten the USMCA!
'Business groups' comprise of POLITICO office staff and janitor
This isn’t news anyone.
This won’t age well
These old Republicans are playing checkers!
It was once the understanding tariffs would reverse their impact if they were unjust. Like they had life on their own.
Im pretty sure Trump imperils Trump’s USMCA trade deal
No, not really.
Proud of our President
You think?
How did that work out for your fake news story? Lmao 😂 🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂
Not to mention the economy as US consumers pay the tariffs and it reduces what their spending. Trump’s still stupid enough to maintain that countries pay the tariffs. Very naive. Is the importers who pass the cost along in higher prices that consumers pay. Trump’s tax increase
Think an incompetent Congress is more of a threat to USMCA
Time lag?
And so POTUS Blinked! He really is a very poor excuse of a deal maker! SAD
Diversion tactic by WH to keep us from focusing on all the crimes being committed against the American people.
Little late politico... get with the program.
Trump can’t remember a policy for more than five minutes.
You mean the tariffs that Mexico made a deal on immigration to avoid?
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »