Tags: trump | . mexico | tariffs | businesses | farmers

Businesses, Farmers Urge Trump to Drop Mexico Tariff Plan

Businesses, Farmers Urge Trump to Drop Mexico Tariff Plan
(Waingro /Dreamstime)

Friday, 07 June 2019 04:37 PM EDT

More than 100 business and agriculture groups are urging President Donald Trump to hold off on imposing tariffs on Mexico next week.

The groups, including the U.S. Chamber of Commerce, made their case in a joint statement Friday as the administration threatened to impose tariffs Monday while Trump said he saw a “good chance” for a deal to avoid them.

Adopting a 5% tariff would jeopardize passage of a trade deal between the U.S., Canada and Mexico, known as the USMCA, which still needs to be passed by lawmakers in each country to take effect, the groups said.

“Imposing unilateral tariffs on Mexico jeopardizes a successful bipartisan vote on USMCA and approval of the agreement,” according to the statement. 'Tariffs on Mexican imports would harm U.S. consumers, workers, farmers and businesses of all sizes across all sectors, making us less competitive and undermining efforts to negotiate strong trade deals in the future.”

The statement illustrated the deep unpopularity of Trump’s planned tariff with business groups that typically support GOP priorities. Business leaders have raised concern the tariffs could damage the economy.

Trump has threatened the tariffs to spur Mexico’s government to curb the flow of migrants through its country and into the U.S.

The statement was made by groups including the American Farm Bureau Federation, soybean and corn growers’ groups, pork producers, a group representing major technology companies, the National Retail Federation and several municipal and state-level chambers of commerce.

© Copyright 2026 Bloomberg News. All rights reserved.


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More than 100 business and agriculture groups are urging President Donald Trump to hold off on imposing tariffs on Mexico next week.
trump, . mexico, tariffs, businesses, farmers
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2019-37-07
Friday, 07 June 2019 04:37 PM
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