US business group attacks Trump tariffs

03 Jul 2018  2046 | World Travel News

Tom Donohue, President of U.S. chamber of Commerce, gestures during an interview with Reuters in Mexico City, Mexico April 23, 2017. REUTERS/Carlos Jasso

WASHINGTON (Reuters) – The US Chamber of Commerce, the nation’s largest business group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Mr Trump’s trade tariff policies.

With some of America’s tightest trading partners imposing retaliatory measures, Mr Trump’s approach to tariffs has unsettled financial markets and strained relations between the White House and the Chamber.

The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant. Using a state-by-state analysis, it argues that Mr Trump is risking a global trade war that will hit the wallets of US consumers.

“The administration is threatening to undermine the economic progress it worked so hard to achieve,” said Chamber President Tom Donohue in a statement to Reuters. “We should seek free and fair trade, but this is just not the way to do it.”

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