Retail Giants Balk at Trump Tariffs
Join us and tell your reps how you feel!
What’s the story?
25 large retail companies - including Costco, Target, and Walmart – are urging President Donald Trump to reconsider imposing tariffs on goods imported from China.
According to reports, the U.S. is planning to slap $60 billion worth of tariffs on Chinese imports to punish Beijing for intellectual property theft.
What are the companies saying?
The letter - which was also signed by Big Lots, Best Buy, and Macy’s – said the planned tariffs would "punish American working families with higher prices on household basics like clothing, shoes, electronics, and home goods."
The retail giants added:
"As you continue to investigate harmful technology and intellectual property practices, we ask that any remedy carefully consider the impact on consumer prices. We must do right by American families while also addressing harmful technology practices."
What do you think?
Should the Trump administration reconsider imposing tariffs on China? Impose lower tariffs? Impose even higher tariffs? Is there another (better) way to punish Beijing for intellectual property theft? Hit Take Action and tell your reps, then share your thoughts below.
—Josh Herman
Related Reading
- EU Threatens Retaliation to Steel Tariffs
- How Should Trump Handle the U.S.-China Trade Relationship?
(Photo Credit: Mark Itskovitz)
The Latest
-
Biden Signs Ukraine, Israel, Taiwan Aid, and TikTok BillWhat’s the story? President Joe Biden signed a bill that approved aid for Ukraine, Israel, and Taiwan, which could lead to a ban read more... Taiwan
-
Protests Grow Nationwide as Students Demand Divestment From IsraelUpdated Apr. 23, 2024, 11:00 a.m. EST Protests are growing on college campuses across the country, inspired by the read more... Advocacy
-
IT: Here's how you can help fight for justice in the U.S., and... 📱 Are you concerned about your tech listening to you?Welcome to Thursday, April 18th, communities... Despite being deep into the 21st century, inequity and injustice burden the U.S. read more...
-
Restore Freedom and Fight for Justice With GravvyDespite being deep into the 21st century, inequity and injustice burden the U.S., manifesting itself in a multitude of ways. read more... Criminal Justice Reform