HAMER: “The president’s announcement is baffling and, if carried out, will be terribly damaging.”
PHOENIX (May 30, 2019)—Arizona Chamber of Commerce & Industry President and CEO Glenn Hamer released the following statement regarding President Trump’s tweet stating that the U.S. will implement tariffs on goods imported from Mexico:
“The president’s announcement that he’ll impose a 5% tariff on goods imported from Mexico is a prescription for a self-induced economic slowdown. This will only inflict harm on the U.S. consumer.
“I’ve said it before, and I’ll say it again: Tariffs are taxes; and they’re taxes paid by hardworking American families.
“This is a terrible idea. It completely contradicts the spirit of NAFTA, not to mention the USMCA that we’re attempting to ratify.
“Mexico is our friend and neighbor, a partner in trade and security. The president’s announcement is baffling and, if carried out, will be terribly damaging.”
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