Executive Orders: Tariffs

President Trump issued three Executive Orders imposing new tariffs on goods from Canada, Mexico, and China, set to take effect Tuesday, February 4. 

‌In response, the U.S. Chamber released the following statement to the media: 

“The President is right to focus on major problems like our broken border and the scourge of fentanyl, but the imposition of tariffs under IEEPA is unprecedented, won’t solve these problems, and will only raise prices for American families and upend supply chains. The Chamber will consult with our members, including main street businesses across the country impacted by this move, to determine next steps to prevent economic harm to Americans. We will continue to work with Congress and the administration on solutions to address the fentanyl and border crisis.”

The Chamber is assessing the details as they become available, and we will keep you apprised of the updates and their implications. Linked below, you will find a memo on the current state of play, including an initial assessment of the Executive Orders.  
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Memo: State of Play
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We are conferring with members on next steps and welcome your feedback. Hearing directly from you will be critical to our assessment of these tariffs and their impact on businesses, employees, customers, and communities.  
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Please also be on the lookout for information on a member briefing we will hold early next week. 
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Stay tuned on more updates to come.