Trump’s Tariffs Could Spark Trade War, Florida Chamber Warns

The statewide pro-business group warns of a negative impact on Florida as a global trade hub.

The Florida Chamber of Commerce, a statewide business group closely aligned with Gov. Rick Scott, warned Tuesday that new tariffs could spark a trade war and hurt Florida jobs and families.

President Donald Trump has proposed steel and aluminum tariffs on some of America’s closest allies, including Canada, Mexico and the European Union.

“The increasing prospect of a trade war could put Florida’s economy at risk and negatively impact consumers, families and jobs,” the Chamber warned in a statement. The group said unfair trade practices by “bad actors” are best addressed “in a targeted and focused manner.”

“Extending the tariffs to our allies and trade and investment partners is triggering harmful targeted retaliation,” the group said.

 

Read the complete article in the Tampa Bay Times’ The Buzz.

International Trade Essential to Florida’s Economy

 

Washington, D. C. Fly-In   Learn More About International Trade

 

As Congress and President Donald Trump’s administration consider the future of trade, the Florida Chamber of Commerce encourages leaders to consider the important role trade plays in Florida’s economy.

From its discovery, Florida has been global. Much of what made Florida a destination and gateway in Florida’s early years, still holds true today. Florida’s current and future economy is tied to its ability to be a successful hub for international trade investment.

Florida’s geography, diversity and international linkages, combined with our state-of-the-art infrastructure, trade support networks, knowledge-based innovation ecosystem and highly skilled workforce, are assets that make Florida ripe for trade.

Today, if Florida were a country, it would be the 16th largest in the world by gross domestic product. Free and fair trade is essential to Florida’s global competitiveness, and policies that enhance competition in the global marketplace, reduce or eliminate trade and investment barriers will further grow Florida jobs.

In the coming days, a delegation of members from the Florida Chamber of Commerce will travel to Washington, D.C. to encourage Florida’s Congressional Delegation to support Florida job creators, and to work to ensure that trade continues to benefit the U.S. and Floridians.

With one out of four jobs in Florida tied to international trade, these will be important conversations and go a long way to helping secure Florida’s future.