Arizona Chamber CEO: Misguided trade policy once again puts economic growth at risk

Chamber CEO Hamer says tariffs on autos will hurt manufacturers and consumers

PHOENIX (May 24) – Arizona Chamber of Commerce & Industry President and CEO Glenn Hamer released the following statement regarding the Trump administration’s plans to open a section 232 investigation of automotive imports:

“Once again, the Trump administration is putting at risk the tremendous economic growth that has resulted from its tax and regulatory reform agenda, by pursuing another harmful trade policy.

“As evidenced by its tariff policies on steel and aluminum, protectionist policies hurt U.S. consumers and U.S. manufacturers.

“If this investigation leads to tariffs on imported autos, then we can be sure that our trading partners will respond in kind, which will harm Made in the U.S.A. goods overseas, and cause prices to rise here at home.

“Picking a trade fight with our friends is lunacy, and it will only hurt our economy.”

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