Close Menu
Chicago News Journal
    Facebook X (Twitter) Instagram
    • Contact us
    • About us
    • Amazon Disclaimer
    • DMCA / Copyrights Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Facebook X (Twitter) Instagram YouTube TikTok
    Chicago News JournalChicago News Journal
    • Home
    • US News
    • Politics
    • Business
    • Science
    • Technology
    • LifeStyle
    • Music
    • Television
    • Film
    • Books
    • Contact
      • About us
      • Amazon Disclaimer
      • DMCA / Copyrights Disclaimer
      • Privacy Policy
      • Terms and Conditions
    Chicago News Journal
    Home»Politics

    Chamber of Commerce asks Trump for tariff exclusions

    AdminBy AdminMay 5, 2025 Politics
    Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram
    Chamber of Commerce asks Trump for tariff exclusions

    U.S. Chamber of Commerce CEO: Small businesses don't have cash flow to combat tariffs

    The U.S. Chamber of Commerce is urging the Trump administration to immediately implement a “tariff exclusion process” in order to keep the U.S. economy from falling into a recession and inflicting “irreparable harm” on small businesses.

    In a letter first obtained by CNBC, the massive business lobbying group asked key Trump trade officials to automatically lift tariffs on all small business importers and on all products that “cannot be produced in the U.S.” or are not domestically available.

    The letter from the Chamber’s CEO, Suzanne Clark, also asked the Trump administration to establish a process for businesses to quickly obtain tariff exclusions if they can demonstrate that import duties pose “significant risks to U.S. employment.”

    “We are deeply concerned that even if it only takes weeks or months to reach agreements, many small businesses will suffer irreparable harm,” Clark wrote in the letter sent late Wednesday to Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer.

    “The Chamber requests the administration take immediate actions to save America’s small businesses and stave off a recession,” she wrote.

    Read more CNBC politics coverage

    In an interview Thursday morning on CNBC’s “Squawk on the Street,” Clark said she penned the White House because “we were just getting inundated by small business requests for information, for relief.”

    Those business owners are “afraid for the very survival of their business,” she said.

    Clark also explained why the Chamber is opting not to challenge Trump’s tariffs in court — as others have done — even though her group had sued the Biden administration more than 20 times.

    “We do worry about government overreach” and “micromanagement,” she said. “But in this case, the courts take a long time. And what small business needs, what all business needs, is more immediate relief.”

    Asked in a press briefing if the Trump administration is considering the Chamber’s request for tariff exemptions, White House deputy chief of staff Stephen Miller suggested it is not.

    “The relief for small businesses is going to come in the form of the largest tax cut in American history,” he said, referring to Republicans’ plan to pass a major tax cut bill this year.

    Miller also said that President Donald Trump has “made clear” that companies that invest in the U.S. will face no liability from tariffs.

    Pressed to clarify that he was rejecting the idea of short-term tariff relief for small businesses, Miller said, “It’s a yes on tax relief for small businesses. And again, you only pay the tariff for products that are made outside the United States.”

    Read the full letter here.

    — CNBC’s Eamon Javers contributed to this report.

    Correction: Stephen Miller is White House deputy chief of staff. An earlier version misspelled his name.

    Don’t miss these insights from CNBC PRO

    Read the original article here

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram

    You might also be interested in...

    Trump appoints committee to investigate statements by the Fed’s Lisa Cook

    October 9, 2026

    U.S. East Asian envoy says investors are overpricing Taiwan conflict risk

    October 9, 2026

    Trump says U.S. will not attack Iran before midterm election

    October 8, 2026

    Trump downplays Iran deal as U.S. readies renewed strikes

    October 8, 2026

    Rubio says Iran passed up ‘multiple’ chances for nuclear deal

    October 7, 2026

    Singapore’s Temasek warns of the ‘biggest risk’ facing markets

    October 7, 2026
    Popular Posts

    Tokenization could unleash billions in trapped capital

    Miley Cyrus’ new album ‘Bass Persuades’ makes US chart history as biggest drop from Number One debut

    U.S. East Asian envoy says investors are overpricing Taiwan conflict risk

    Interview with LJ Evans, Author of The Moments We Chose Love

    5 Best Beard Dandruff Shampoos: Defeat the Flakes in 2026

    ‘RHOC’ Emily Simpson Comes To Blows With Husband Over Son

    Categories
    • Books (2,381)
    • Business (3,363)
    • Events (32)
    • Film (258)
    • LifeStyle (2,848)
    • Music (2,716)
    • Politics (2,281)
    • Science (1,896)
    • Technology (1,788)
    • Television (4,301)
    • Uncategorized (3)
    • US News (3,214)
    Archives
    Useful Links
    • Contact us
    • About us
    • Amazon Disclaimer
    • DMCA / Copyrights Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Popular Posts
    • “Prodigals” is a Uniquely Appalachian Story of Mental Illness, Loss, and Grief“Prodigals” is a Uniquely Appalachian Story of Mental Illness, Loss, and Grief
    • The Morning Report 9/10The Morning Report 9/10
    • Chic Winter Trends, According to Australian It GirlsChic Winter Trends, According to Australian It Girls
    • Reddit power users balk at chance to participate in IPO as debut nearsReddit power users balk at chance to participate in IPO as debut nears
    • NASA reestablishes contact with one of two TRACERS satellitesNASA reestablishes contact with one of two TRACERS satellites
    Archives
    Categories
    • Books
    • Business
    • Events
    • Film
    • LifeStyle
    • Music
    • Politics
    • Science
    • Technology
    • Television
    • Uncategorized
    • US News
    Facebook X (Twitter) Instagram YouTube TikTok
    © 2026 Chicago News Journal. All rights reserved. All articles, images, product names, logos, and brands are property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Terms of Use and Privacy Policy.

    Type above and press Enter to search. Press Esc to cancel.