INDIANAPOLIS — The Indiana Chamber of Commerce is making its concerns public on Monday over potential tariffs on goods imported from Mexico.
President Trump has made statements that the U.S. will potentially impose tariffs in retaliation for immigration issues.
In response to this, the Indiana Chamber of Commerce President and CEO, Kevin Brinegar, says:
“Using economic threats against our neighbor and one of our country’s largest trading partners to compensate for unfulfilled promises by the administration and Congress on immigration is an irrational – and extremely damaging – concept.
Indiana businesses and consumers will once again be the innocent victims through paying what amounts to tax increases. Nearly one-sixth of the $4.5 billion of Mexican products imported into our state in 2018 came in the important auto parts sector. If implemented, a likely retaliation of tariffs on American products will further impact Hoosiers and damage our economy."