Economy

Urgent Call to Action: US Chamber of Commerce Seeks Tariff Exclusions to Protect Small Businesses from Recession

US Chamber of Commerce Appeals for Immediate Tariff Exclusion Process

In a bold move to safeguard the economy, the US Chamber of Commerce has urgently requested the Trump administration to establish a tariff exclusion process. This plea aims to prevent a potential recession and shield small businesses from suffering irreparable harm.

The Dire Consequences of Delay

Suzanne Clark, the Chamber's CEO, emphasized the critical nature of swift action. "Even a short delay could devastate small businesses," Clark warned in her communication to key administration officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

A Plea for Flexibility

The Chamber's request highlights the need for the administration to utilize its tariff flexibility during ongoing negotiations. The goal is clear: to ensure that small enterprises survive the current economic uncertainties without bearing the brunt of trade tensions.