Immediate Action Needed to Prevent Economic Downturn

The US Chamber of Commerce has issued a pressing appeal to the Trump administration, urging the swift establishment of a tariff exclusion process. This move is deemed crucial to avert a potential recession and protect small businesses from suffering irreparable damage.

A Plea for Small Business Survival

In a heartfelt letter, Suzanne Clark, the CEO of the Chamber, emphasized the dire need for immediate action. "The administration must leverage its tariff flexibility to implement a tariff exclusion process without delay," Clark stated, highlighting the precarious position of small enterprises amidst ongoing negotiations.

The Risk of Irreparable Harm

The communication, addressed to key figures including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick, underscored the Chamber's deep concerns. "Even a short delay could spell disaster for many small businesses," the letter warned, pointing to the urgent need for protective measures.