Trump’s tariff warnings from commercial groups

“More than 70 % of two basic substances depend on home builders – soft and gypsum (used in drywall) – comes from Canada and Mexico, respectively,” said Karl Harris, Chairman of NAHB Board of Directors.

“Definitions on wood and other building materials increase the cost of construction and inhibit the new development, and consumers end up paying customs duties in the form of high home prices.”

National Association of Manufacturers

The head of the National Association of Manufacturers and CEO, Jay Timonz, praised the success of the United States, Mexico and Cananga agreement carried out by President Trump during his first term, but warned that the customs tariff for Canada and Mexico threatened the supply chains.

Gas analyst says Trump’s tariff threats on Canadian oil may affect three American regions.

“The effects of ripple will be severe, especially for young and medium -sized manufacturers that lack flexibility and capital to find alternative suppliers quickly or absorb the increasing energy costs,” said Timmons. “These companies – which employ millions of American workers – face major disturbances. Ultimately, manufacturers will bear the burden of these definitions, undermining our ability to sell our products at a competitive price and put American jobs at risk.”

National Federation for sale in retail

“We are supporting the Trump administration’s goal of strengthening trade relations and creating just and painful conditions for America,” David French said in a statement. “But imposing a very slope tariff on three of our closest business partners is a dangerous step.”

NRF encouraged “all parties to continue negotiating to find solutions that enhance trade relations and avoid transferring the costs of common policy failure on the emergence of American families, workers and small companies.”

American Chamber of Commerce

The leaders of the American Chamber of Commerce warned before and after Trump’s announcement that the customs tariff may cause economic harm to the Americans.

“The president is right to focus on the main problems such as our broken borders and the scourge of fentanel, but the imposition of customs duties under IEPA is unprecedented, and it will not solve these problems, and will not only raise the prices of American families and collect supply chains, said Vice Chairman and International President John Murphy in A statement after this step.

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Last week, Murphy, head of the Chamber Chamber and CEO of the United States Susan Clark warned of the United States, which imposes a blanket tariff, as Clark said in a statement, “The bottom line is: customs duties are the tax that the Americans pay, and it will be used in broad and randomness strangling Growth is the worst possible time.