Tariffs

A tariff is a tax on imported goods paid by the U.S. business or individual receiving those goods at their port of entry. Broad-based tariffs raise prices for consumers and businesses and harm economic growth. They cause uncertainty and disrupt supply chains and are an especially big problem for small businesses that don’t have as many resources to withstand them. 

Tariffs also can spur retaliation against American products being exported, harming American workers. The Chamber shares the goal of increasing U.S. manufacturing, but not by raising costs and limiting markets. We encourage free trade agreements to help open up markets and create opportunities that will grow the economy.