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Letter to Congress on Congressional Tariff Authority
Category: Business News
To the Members of the United States Senate: The U.S. Chamber of Commerce (“the Chamber”) urges Congress to pass legislation to reclaim its constitutional role setting tariffs, including the Trade Review Act. Doing so would restore appropriate procedural deliberation in the enactment of taxes on trade, benefitting the millions of Americans whose livelihoods depend on […]
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Trump administration plans new probe into global drug pricing, FT reports
Category: Business News
Oct 22 (Reuters) – President Donald Trump’s administration is preparing a new probe into drug pricing practices among U.S. trading partners, a move that would lay the ground for fresh tariffs, the Financial Times reported on Wednesday, citing sources familiar with the matter. Read more here.
Source: Reuters
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Multi-Association Letter Expressing Concern on Steel, Aluminum Derivative Expansion & Inclusions Process
Category: Business News
On September 16, the U.S. Chamber signed a multi-association letter highlighting issues within the Commerce Department’s new Section 232 steel and aluminum “Inclusions Process.” — Dear Under Secretary Kessler, We write to express concern over the Commerce Department’s new Section 232 steel and aluminum “Inclusions Process” and the subsequent expansion of 50% tariffs on 407 […]
Source: U.S. Chamber of Commerce
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Executive Order: Further Modifying the Reciprocal Tariff Rates
Category: Business News
By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), and […]
Source: The White House
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White House dismisses Chamber push for small businesses tariff relief
Category: Business News
WASHINGTON, May 1 (Reuters) – The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend. The U.S. Chamber of Commerce, in a letter to U.S. President Donald Trump’s administration, asked […]
Source: Reuters
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