WASHINGTON, D.C. – U.S. Chamber of Commerce Executive Vice President and Chief Policy Officer Neil Bradley issued the following statement in response to the implementation of the new sweeping tariffs:
"We hear from local chambers across the country about the need to lower prices and grow the economy. That’s why we are the biggest champions of the Administration’s goal to drive investment in the United States.
"The deregulatory efforts and the tax extensions are a great start, but the price increases that will inevitably follow these unprecedented tariff levels make the cost of living and shopping for everyday essentials more expensive, and making anything here more expensive and difficult by making supply chains impossible to predict.
"We want to work with the Administration to remove barriers to growth: a broken permitting process, labor constraints, and energy shortages. We will also continue to ask the Administration for a tariff exemption process for small businesses. A recent U.S. Chamber report shows small businesses will face an additional tax increase of at least $200 billion as a result of these new tariffs."
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