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

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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