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Blog

Arizona Chamber of Commerce & Industry CEO Glenn Hamer statement on POTUS tariff announcement

Mexico Press Releases trade
•
May 30, 2019
•
Garrick Taylor
•
No Comment

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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