Washington – Business Roundtable today released the following statement regarding the Administration’s announcement of tariffs on Mexican imports:
“Imposing unilateral tariffs on Mexican imports would be a grave error. Business Roundtable strongly urges the Administration not to move forward with these tariffs, which would create significant economic disruption and tax U.S. workers, farmers, consumers and businesses.
“Moving ahead with these tariffs would also jeopardize the prospects for the Administration’s top trade priority – the United States-Mexico-Canada Agreement (USMCA) – and would undermine duty-free North American trade that supports over 12 million American jobs.
“Unilateral tariffs on all Mexican imports will not solve the urgent problems of securing our border and fixing our broken immigration system. We urge the Administration to engage constructively with our neighbors and allies to resolve trade, migration and security issues in ways that will benefit Americans, not cause economic damage.”