Americans for Free Trade Asks for Wider Duty Deferral Measure
Dozens of trade associations and 470 businesses, large and small, from around the country are asking the Trump administration to apply the duty deferral to all categories of tariffs, and to allow the deferral on imports that arrive in May and June. The coalition sent a letter, which also was sent to every member of Congress on April 28, that said: “While we understand the need to keep strong U.S. trade policies front and center, merely delaying the payment of these additional duties will not harm trade policy. The duties will still be paid, just at a later date.”
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“The Administration’s announcement last week to defer the collection of certain duties for 90 days was a good first step, but many companies were excluded from this measure and will still owe significant duties to the federal government during a time of economic crisis,” Americans for Free Trade spokesperson Jonathan Gold said. “As hundreds of small and large businesses face urgent liquidity issues, we are calling on President Trump to go further and delay all duty payments to help give companies the cash they need to stay open, preserve American jobs, and be in a position of strength when the economy reopens.”