The US Chamber of Commerce issued a statement on May 1 saying that the agency had sent a letter to the US government the day before requesting that the US government “take immediate action” to save small American businesses and prevent the US economy from falling into recession. The letter put forward three specific requirements: automatic exemption from tariffs for all small importers; provision of tariff exemptions for all products that cannot be produced or easily obtained in the US; and establish an application exemption process for companies that can prove that tariffs pose a risk to employment.

Zhitongcaijing · 05/02/2025 01:57
The US Chamber of Commerce issued a statement on May 1 saying that the agency had sent a letter to the US government the day before requesting that the US government “take immediate action” to save small American businesses and prevent the US economy from falling into recession. The letter put forward three specific requirements: automatic exemption from tariffs for all small importers; provision of tariff exemptions for all products that cannot be produced or easily obtained in the US; and establish an application exemption process for companies that can prove that tariffs pose a risk to employment.