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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