Urgent Call for Tariff Exclusion Process

The US Chamber of Commerce has made a pressing appeal to the Trump administration, urging the swift establishment of a tariff exclusion process. This move aims to safeguard small enterprises from potential irreparable harm and to prevent the economy from sliding into a recession.

Concerns Over Small Businesses

In a detailed letter addressed to key officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, Chamber CEO Suzanne Clark expressed deep concerns. "Even a short delay could devastate many small businesses," Clark emphasized, highlighting the urgency of the situation.

Administration's Role in Economic Stability

The Chamber's request underscores the critical role of the administration's tariff flexibility in maintaining economic stability. By implementing an exclusion process, the administration can provide immediate relief to small businesses while continuing negotiations.