Ross Perot Jr. has been named the new chairman of the U.S. Chamber of Commerce as it lobbies for policies it believes will achieve 3% economic growth, Axios reported.
While the influential lobbying group supports President Donald Trump's efforts to relax regulations and extend his tax cut, the Chamber is worried about the impact tariffs will have on small businesses and the economy, Axios said.
"This year is going to be tough," Perot told Axios. "We're waiting for the tax code, and so you've got a little bit of uncertainty there. Then I think people are waiting on where we are going to go on tariffs. Once that settles down, we can all go to work."
The Chamber said tariffs could cause some businesses to go bankrupt and is pushing for the administration to exempt businesses with less than 20 employees from them.
"The margins are so tight on their product that they can't pass the price on, and they get caught," Perot told Axios.
Overall, Perot, the son of former two-time third party presidential candidate Ross Perot, said the Chamber maintains a strong relationship with the Republican Party.
"I think we had issues in the past. But today, I see very strong relationships," Perot told Axios, noting he agrees with the Trump agenda more than he disagrees with it. "If you're for business and if you're for pro-growth and deregulation — and that's what the Republican Party stands for — the Chamber is full force behind helping get your job done, including reelection."
The Chamber recently announced a six-figure ad campaign in support of the One Big Beautiful Bill Act that will fund President Donald Trump's domestic policy agenda.
The Chamber said its advertising blitz, set to begin this week, targets "misinformation" about the tax policy bill and is part of the group's larger advocacy centering on tax efforts.
Sam Barron ✉
Sam Barron has almost two decades of experience covering a wide range of topics including politics, crime and business.
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