The stench of tariffs: As you read today’s newsletter, trade developments continue to unfold with unprecedented speed in D.C. and around the globe. In fact, a leaked draft of a Trump administration bill would declare American’s abandonment of fundamental World Trade Organization (WTO) rules – a policy that would be deemed the "U.S. FART Act" (United States Fair and Reciprocal Tariff Act). See the full story above under Trade. AAFA has been fighting to protect fair and open trade around the globe, on behalf of members, and will not be slowing down. On June 29, AAFA submitted a request to provide additional testimony for the second tranche of the Administration's proposed tariffs on U.S. imports from China for the July 2018 hearings.
July 2 on Fox Business - Countdown to the Closing Bell: AAFA President and CEO Rick Helfenbein shares insights on the U.S.-China trade spat and what it could mean for consumers. Watch here.
See all of AAFA’s latest letters, comments, and testimony here.