HAMER: “The president’s announcement is baffling and, if carried out, will be terribly damaging.”
PHOENIX (May 30, 2019)—Arizona Chamber of Commerce and 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.”
# # #
