Tariffs are Taxing

SEATTLE, Wash. – Today’s action to implement tariffs on goods from Mexico and Canada, as well as an additional tariff on goods from China, is the wrong path to worthwhile goals.

Lori Otto Punke, President of WCIT, emphasized the impact of tariffs on families, “Tariffs are paid by Americans – by companies importing goods for retail or manufacturing into value-added products and by families working hard to make ends meet. While promoted as a means to worthwhile goals, such as curtailing deadly, illegal drugs, their impact can far outweigh the benefits.

“Rather than tax Americans and the economy, the Trump Administration should work on enforceable trade agreements with allies and partners around the globe. We stand ready to help build a stronger economy and create jobs.”

Some recent WCIT resources:

How the Proposed Trump Administration Tariffs Will Impact Oregon’s Economy
What Do the Tariff Threats Against Canada, Mexico, and China Mean for Washington?
WCIT Northwest Trade Dashboard to track quarterly trends in key indicators
Tariff Reductions Can Bring Inflation Relief

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WCIT is the Northwest’s premier organization advocating for trade and investment policies that increase the competitiveness of Northwest workers, farmers, and businesses. Our diverse membership includes small and medium-sized companies, Fortune 500 businesses, and agriculture producers that together represent industries ranging from manufacturing, food, and retail to technology and science.