×
36 793
Fashion Jobs
L’ORÉAL GROUP
Manager/sr Manager, Campus Recruiting
Permanent · New York
L’ORÉAL GROUP
Senior Manager / Manager of Brand Marketing
Permanent · Jersey City
KOHLS
Product Manager - Payment System
Permanent · Menomonee Falls
KOHLS
Full-Time Loss Prevention Officer
Permanent · Framingham
KOHLS
Full-Time Loss Prevention Officer
Permanent · Massapequa
L.L.BEAN INC.
rd Shift Bike Boat And Ski Sales Representative
Permanent · Freeport
L.L.BEAN INC.
Sales Representative
Permanent · King of Prussia
L.L.BEAN INC.
Hunting And Fishing Sales Representative
Permanent · Freeport
L.L.BEAN INC.
Sales Representative
Permanent · Hadley
L.L.BEAN INC.
Sales Representative
Permanent · Fayetteville
ALICE AND OLIVIA
Sales Supervisor - Austin
Permanent · Austin
ALICE AND OLIVIA
E-Commerce Customer Service Manager
Permanent · New York
JCPENNEY
Business Support Specialist - Communications
Permanent · Plano
JCPENNEY
Buyer - Home (Entertaining & Tabletop)
Permanent · Plano
JCPENNEY
Multi District Human Resources Business Partner
Permanent · Jefferson City
JCPENNEY
Product Manager - Customer Account & Loyalty
Permanent · Plano
TIFFANY & CO
Inventory Control Analyst
Permanent · Parsippany-Troy Hills
ULTA BEAUTY
Salon Manager-Hickory Point Mall
Permanent · Forsyth
ULTA BEAUTY
Salon Manager-White Marlin Mall
Permanent · Ocean City
ULTA BEAUTY
Prestige Sales Manager-Friendly Hills Marketplace
Permanent · Whittier
ULTA BEAUTY
Salon Manager-Pelican Plaza
Permanent · Sarasota
ULTA BEAUTY
Store Operations Program Manager - Strategic Initiatives
Permanent · Bolingbrook

As Trump embraces more tariffs, U.S. business readies public fight

By
Reuters API
Published
today Sep 13, 2018
Reading time
access_time 3 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

After months of waging a behind-the-scenes war against President Donald Trump's trade tariffs that have escalated far beyond what business groups once imagined, more than 85 U.S. industry groups launched a coalition on Wednesday to take the fight public.


The Americans for Free Trade coalition grew out of weekly meetings featuring industries organised by the National Retail Federation (NRF), whose members include Amazon.com , Macy's Inc and Walmart Inc - Reuters


The launch of Americans for Free Trade comes as Trump increasingly warms to using tariffs. He has imposed levies on billions of dollars worth of goods on trading partners, prompting retaliation against U.S. exports.

"A lot of other interest groups thought they wouldn't go this long or go this deep, but the layering effect (of tariffs) has finally gotten everyone to say: 'Enough is enough,'" said Nicole Vasilaros, the top lobbyist for the National Marine Manufacturers Association, whose members are weighing layoffs after costs rose as much as 35 percent.

The campaign will be multi-facted and include television and digital ads in addition to encouraging voters to talk directly to their member of Congress about trade, an effort organizers hope will convince lawmakers to fight the tariffs.

"There has been a lot of work that has been going on over the last eight months to try to persuade the president and the administration that tariffs are not going to work," said Dean Garfield, chief executive of the Information Technology Industry Council, whose members include Microsoft Corp and Apple Inc . "Our view is that it's not too late."

On the campaign trail, Trump threatened tariffs and ending participation in the Trans Pacific Partnership, a large multinational trade pact, and has delivered on those promises. He has also ramped up attacks on China, threatening car import levies and pushing for a more pro-American North American Free Trade Agreement, even at the risk of killing the three-country pact.

Trump has imposed 25 percent tariffs on $50 billion worth of Chinese goods, mostly industrial machinery and intermediate electronics parts such as semiconductors.

A pending list of $200 billion worth of goods and the threat of another $267 billion would basically cover every Chinese export to the United States. Beijing has threatened retaliation, which could include action against U.S. companies operating in China.

'SUGAR HIGH'

The coalition is a joint effort with Farmers for Free Trade and will target Republican members of Congress in five states - Ohio, Pennsylvania, Illinois, Indiana and Tennessee. All are places where the tariffs could dramatically impact the local economies.

While not engaging in electioneering ahead of Nov. 6 mid-term elections where control of Congress is at stake, it will urge constituents to discuss the trade issue with lawmakers, hoping they will convince Trump to abandon tariffs. The group believes the levies will undo the tax and deregulation policies that have helped boost the stock market and the economy.

It plans to expand that effort to a dozen states by the end of the year.

"The sugar high of the lower taxes and the reduced rules that have fuelled the stock market since the president was elected are in jeopardy," said Gary Shapiro, head of the Consumer Technology Association, whose members include IBM Corp and Facebook Inc He warned that some of his members were also considering layoffs.

The Americans for Free Trade coalition grew out of weekly meetings featuring industries organised by the National Retail Federation (NRF), whose members include Amazon.com , Macy's Inc and Walmart Inc .

"This is almost every sector of the American economy involved," said David French, the top lobbyist for the NRF.

Hundreds of members of lobby groups have travelled to Washington to meet with lawmakers.

"They all found it very amazing how our specific industry has so much product ... on the list and we were able to open up how that affects our industry as a whole," said Tiffany Zarfas Williams who owns the Luggage Shop in Lubbock, Texas.

Steve Pasierb, head of the Toy Association, whose members include Mattel Inc, Hasbro Inc and Barnes & Noble Inc said members of Congress were slow to be persuaded.

"It's been this kind of slow build that got worse and worse and worse," he said. "I don't think anybody in D.C. saw this coming."

© Thomson Reuters 2019 All rights reserved.