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 for small companies to be excluded from tariffs if they can show it would harm U.S. workers and for products that cannot be made in the United States or are not readily available.
Source: Reuters