No new taxes, or tariffs!

Cargo Ship

The Home Furnishings Association has joined 660 other U.S. businesses and trade associations asking President Donald Trump not to impose new taxes on products imported from China.

“We know firsthand that the additional tariffs will have a significant, negative, and long-term impact on American businesses, farmers, families, and the U.S. economy,” the letter to the president, sent June 13, said. “Broadly applied tariffs are not an effective tool to change China’s unfair trade practices. Tariffs are taxes paid directly by U.S. companies, including those listed below — not China.”

The letter was sent by Tariffs Hurt the Heartland, an umbrella organization of separate coalitions called Americans for Free Trade and Farmers for Free Trade. HFA belongs to Americans for Free Trade.

“According to Trade Partnership Worldwide LLC, 25 percent tariffs on an additional $300 billion in imports (combined with the impact of already implemented tariffs and retaliation) would result in the loss of more than 2 million U.S. jobs, add more than $2,000 in costs for the average American family of four and reduce the value of U.S. GDP by 1.0 percent,” the letter said. “Furthermore, we have seen repeatedly that tariff increases and uncertainty around these trade negotiations have created turmoil in the markets, threatening our historic economic growth.

Keep negotiating

“Mr. President, we support your efforts to hold our trading partners accountable, level the playing field for American businesses, and forge enforceable trade agreements,” the letter said, adding the belief that those goals can be achieved without taxing Americans. “We urge your administration to get back to the negotiating table while working with our allies to develop global, enforceable solutions.

“An escalated trade war is not in the country’s best interest, and both sides will lose. We are counting on you to force a positive resolution that removes the current tariffs, fosters American competitiveness, grows our economy, and protects our workers and customers.”

See more:
Looking to grow your business? Look no further.
Becoming a member of the HFA has more benefits than we can list here. Click the button to learn more.
Trending In

HFA Solution Partners

HFA Sales Academy_Logo

Empower and motivate your sales team, develop skills, and change behaviors! HFA Sales Academy offers

Logo HFA Healthcare Solutions

HFA Healthcare Solutions is designed exclusively for members of the Home Furnishings Association to provide

Pistachio Software

Pistachio is the modern software solution for small- and medium-sized furniture retailers. With an intuitive

HFA Sales Academy_Logo

Empower and motivate your sales team, develop skills, and change behaviors! HFA Sales Academy offers

Logo HFA Healthcare Solutions

HFA Healthcare Solutions is designed exclusively for members of the Home Furnishings Association to provide

Pistachio Software

Pistachio is the modern software solution for small- and medium-sized furniture retailers. With an intuitive

ODP_HFA Solution Partner

Home Furnishing Association is delighted to give you even more for your membership. Our partnership

Wondersign Logo

Wondersign is a Software-as-a-Service (SaaS) company and catalog data syndication platform for home furnishings retailers

ODP_HFA Solution Partner

Home Furnishing Association is delighted to give you even more for your membership. Our partnership

Wondersign Logo

Wondersign is a Software-as-a-Service (SaaS) company and catalog data syndication platform for home furnishings retailers

Sign up for more!
From HFA events to the latest member news, get updates straight to your inbox.
Stay Informed and Up To Date
Subscribe now to elevate your store's success with expert tips and the latest trends delivered straight to your inbox.

Not an HFA member?

Don't miss out on all of our association benefits!