Americans for Free Trade Statement on President Trump’s Comments that New Tariffs Would be the “Ultimate Punishment” for China

WASHINGTON, D.C., (May 4, 2020) — Today, Americans for Free Trade spokesperson Jonathan Gold released the following statement in response to President Trump’s comments on Fox News Sunday night that adding new tariffs would be the “ultimate punishment” for China. 
“Tariffs are taxes paid to the federal government by American businesses, not China. Adding more tariffs during a time of economic crisis will only further punish U.S. companies, manufacturers, and farmers who are already struggling to survive. Rather than putting new tariffs in place, the President should be focused on removing the existing tariffs, which would instantly free up billions of dollars that businesses need now to stay open and preserve U.S. jobs.”