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U.S. BUSINESSES, FARM GROUPS WARN TARIFFS ON MEXICO RAISE COSTS, CREATE UNCERTAINTY
Source: Farmers for FREE Trade and /aerican For FREE Trade joint news release

Tariffs Hurt the Heartland, the national campaign comprised of over 150 of America's largest trade organizations from across retail, tech, manufacturing and agriculture, today released the following statement after the Trump administration announced plans to impose an escalating tariff - starting at 5% - on all U.S. imports from Mexico.

"Once again, American consumers find themselves in the crossfire of a trade war they never asked for and didn't start. Forcing Americans to pay more for everything from avocados and beer to jeans and electronics as a means to address border security makes no sense. And using tariffs to address unrelated policy objectives sets a dangerous precedent while creating significant uncertainty for American employers who are living tweet-by-tweet while trying to plan their business.

"These tariffs will likely invite retaliation on the products we export to Mexico including agriculture, electronics, engines, car parts and more. Our farmers, who were closing in on a desperately needed win on updating access to North American markets, will instead now be faced with more uncertainty and new trade barriers. Congress can't sit back and watch while the administration continues to unilaterally impose harmful tariffs, which are nothing but taxes on American businesses and families."

Background:

According to Trade Partnership, tariffs on imports from Mexico could lead to $25 billion in higher costs for American consumers. 4.9 million American jobs are tied to trade with Mexico.

4.9 million jobs are tied to trade with Mexico.


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