Call to Action Against Economic Downturn

The US Chamber of Commerce has issued a urgent plea to the Trump administration, advocating for the swift establishment of a tariff exclusion process. This move is seen as critical to preventing a potential recession and safeguarding small enterprises from what they describe as irreparable harm.

Voices of Concern

In a detailed letter addressed to key figures in the administration, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, the Chamber's CEO, Suzanne Clark, emphasized the precarious position of small businesses. "Even a short delay in reaching agreements could spell disaster for many," the letter warns, highlighting the urgency of the situation.

A Plea for Flexibility

The Chamber is not just highlighting problems but is also proposing solutions. They are asking the administration to utilize its tariff flexibility to implement an exclusion process without delay. This, they argue, would provide a much-needed lifeline to small businesses across the nation, ensuring their survival during these challenging times.