NEC Urges Trump Administration to Reconsider China Tariffs

On November 28, 2018, The New England Council sent letters to Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, and US Trade Representative Robert Lighthizer expressing our concerns about the tariffs that have been imposed on Chinese goods.  Just ahead of the G-20 summit where President Trump will meet with Chinese President Xi, the letter highlights the negative impact these tariffs are having on New England businesses and urges the Administration to reconsider its approach.

The letter notes that according to recent data from the U.S. Chamber of Commerce, over $3.4 billion in total exports to China from New England are under threat of retaliatory tariffs.  In addition, the Council cautioned that tariffs on trade inputs are having a growing impact on the ability of companies to contain costs, while there is also concern that increased tariffs on industrial parts have the potential to negatively impact advanced manufacturing here in the United States.

Copies of all three letters were shared with members of the New England Congressional delegation – both House and Senate.

For more information on this effort or any of the Council’s work on trade issues, please contact Peter Phipps.

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