COA Statement on the United States' Tariffs on Imports from Canada and Mexico
COA Statement on the United States' Tariffs on Imports from Canada and Mexico
New tariffs risk setbacks in the fight against inflation and will also make it harder for North America to compete against China.
Council of the Americas (COA), a business organization committed to the social and economic development of the Western Hemisphere, expresses its deep concern about the U.S. government’s decision to impose 25 percent tariffs on imports from Canada and Mexico.
Over the past 30 years, a strong and integrated North America has produced shared growth and prosperity for the United States, Canada, and Mexico. New tariffs risk setbacks in the fight against inflation and will also make it harder for North America to compete against China.
"USMCA has fostered strong, important relationships among the United States, Canada, and Mexico since its inception over 30 years ago," said Susan Segal, president and CEO of the Council of the Americas. "The economic implications of tariffs are severe. It is in the best interest of the United States, Canada, and Mexico to sit down as neighbors and find a path forward."
Contact for the press: mediarelations@as-coa.org
Los nuevos aranceles representan riesgo de retrocesos en la lucha contra la inflación y también dificultarán que América del Norte compita contra China.