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Coalition of associations encourages Trump to suspend tariffs

Americans for Free Trade, a coalition of more than 150 associations that includes the American Bridal and Prom Industry Association (ABPIA), sent a letter to President Trump today that strongly encouraged the Administration to suspend implementation of the Tranche 4B tariffs set to take effect on December 15th if a Phase One deal is not finalized before then.

“The ABPIA has joined ranks with other associations across multiple industries to make it known to our leaders in Washington that tariffs are the equivalent of taxes on all Americans,” explained ABPIA President Steve Lang.

“We all seek fairness when it comes to international trade and we appreciate any effort that balances the scales; however these tariffs are causing undue hardship and business failure in too many sectors of the economy.”

In its letter entitled “Americans for Free Trade Encourages Trump Administration to Suspend Implementation of December 15th Tariffs”, the coalition also called for the elimination of existing tariffs as part of the Phase One deal, citing the $42 billion in tariffs already paid by Americans, and the $12 billion in retaliatory tariffs faced by American businesses and farmers.

“We strongly support using the Phase One deal to include reciprocal elimination of existing tariffs, as has been reported in the press,” the Americans for Free Trade coalition wrote. “Such an action would send an important economic signal while providing immediate relief to job creators throughout the U.S.”

Independently, the ABPIA continues to oppose the tariffs and has filed documents requesting an exemption from the latest 15% tariff, and is tentatively set to participate in congressional hearings on exemptions in February 2020.

Additional details on ABPIA membership and efforts can be found here.

A copy of the Americans for Free Trade Letter can be found here.

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