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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

Americans For Prosperity

What They Are Saying: Businesses*React*To* “Catastrophic” Tariff*Announcement

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Unread 05.11.19, 03:32 AM
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What They Are Saying: Businesses*React*To* “Catastrophic” Tariff*Announcement

05.09.19 10:55 AM

ARLINGTON, Va. – President Trump announced plans to increase tariffs on $200 billion worth of Chinese goods to 25% on Friday, and threatened more tariffs will follow that, escalating a misguided trade war. Americans for Prosperity has consistently opposed tariffs and barriers to free trade. Today AFP President Tim Phillips has this to say: “It’s undeniable that American businesses and consumers will feel the impact of a 25 percent tariff increase on Chinese goods. This White House has accomplished many significant economic and regulatory reforms that have reduced unemployment, lowered taxes and removed barriers to opportunity for millions of Americans. Our economy is thriving despite these tariffs, not because of them. We strongly encourage the administration to listen to America’s job creators who need trade barriers reduced, not expanded.” The reaction from businesses across the country wasn’t exactly favorable either. Take a look below. BUSINESSES REACT TO “CATASTROPHIC” TARIFF ANNOUNCEMENT On May 5, President Trump Announced He Would Escalate Tariffs On $200 Billion Worth Of Chinese Goods To 25 Percent, Giving Importers Just Five Days Notice. “President Donald Trump’s*decision to escalate tariffs on $200 billion of Chinese goods on Friday is angering American businesses that say they were taken by […]

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