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Arlington, VA – In a letter to President Trump released today and in advance of the upcoming G-7 meeting, Freedom Partners Chamber of Commerce, Americans for Prosperity and The LIBRE Initiative urged the president to use the meeting “as an opportunity to advance a trade agenda that builds upon your previous tax and regulatory reforms through the elimination of tariffs on steel and aluminum, which have already been damaging to both businesses and industries and our relationships with key trading partners.”
Below is the full text of the letter:
June 5, 2018
The White House
Washington, DC 20500
Dear Mr. President:
As you prepare to join your G7 counterparts in Quebec later this week, we encourage you to engage them on the importance of trade to improving the economies and the lives of citizens in all our countries. And most importantly, we strongly encourage you to rescind all tariffs on steel and aluminum among our nation’s trading partners.
Mr. President, under your leadership, economic growth and job creation are flourishing. Wages are up and unemployment is down. Joblessness for Hispanics and African Americans is at its lowest level in recorded history. Our country is a better place today to do business and other countries have taken note. The tax cuts and regulatory relief agenda enacted by your administration has played an integral role in these positive developments.
These improvements are having a tremendous impact on the lives and wellbeing of all Americans, especially the less fortunate; but this success will be greatly undermined by the imposition of these new import taxes on working Americans. That is the net effect of tariffs on imported products, which your administration has either implemented or announced.
These tariffs are already having the opposite effect of the 2017 tax cuts, raising prices on consumers and businesses that buy imported goods for consumption or use in production. Tariffs beget more tariffs as our trading partners retaliate. This has certainly been the case as China, the European Union, and our closest neighbors Canada and Mexico have either imposed or threatened retaliatory tariffs in response to the steel and aluminum tariffs. These moves have already hurt American businesses and caused great and unnecessary uncertainty and the pain will likely trickle down to American workers.
Mr. President, we urge your administration to use the G7 as an opportunity to advance a trade agenda that builds upon your previous tax and regulatory reforms through the elimination of tariffs on steel and aluminum, which have already been damaging to both businesses and industries and our relationships with key trading partners.
We stand ready to work with your administration in a constructive way to remove all barriers to free trade and to expand opportunities for all Americans. Thank you for your consideration.
Executive Vice President
Chief Government Affairs Officer
Americans for Prosperity
The LIBRE Initiative
Americans for Prosperity (AFP) exists to recruit, educate, and mobilize citizens in support of the policies and goals of a free society at the local, state, and federal level, helping every American live their dream – especially the least fortunate. Freedom Partners is a non-profit, non-partisan chamber of commerce dedicated to protecting freedom and expanding opportunity for every American—no matter where they live, what they do or how much money they have.