The Arizona Chamber of Commerce and Industry disapproves of the tariff policies implemented by President Donald Trump’s administration. The effects of these tariffs MEAN consumers will face the potential consequences.
That’s according to Danny Seiden, the chamber president and CEO.
“No matter what anyone else will tell you, a tariff is paid by those of us in this country who import goods, and then those costs get passed down to consumers. So, you know, it is essentially a producer and consumer tax," he said.
Seiden says domestically made products, like those used in chips by Taiwanese Semiconductor Manufacturing Company in Arizona, may also cost consumers more due to import taxes.
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