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Letter to Congress on Congressional Tariff Authority


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Letter to Congress on Congressional Tariff Authority

Business

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 international commerce and the certainty that supports investments in our economy.

Members of Congress continue to hear from American farmers, workers, and business owners about the harm inflicted by broad-based tariffs and the associated economic uncertainty. American families are facing thousands of dollars in higher prices as a result of these increased taxes. Small businesses, manufacturers, and ranchers are struggling with higher costs, with additional economic pain likely in the coming months.

The Chamber has long supported legislative proposals to reassert congressional prerogatives on trade as a means to securing durable outcomes. The Constitution grants exclusive authority to the Congress “to lay and collect taxes, duties, imposts and excises… [and] to regulate commerce with foreign nations,” and exercising leadership on this front should be a priority in the context of today’s challenging economic outlook.

Read letter.

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