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BumRushDaShow

(151,641 posts)
Thu May 1, 2025, 02:59 PM Yesterday

White House dismisses Chamber push for small businesses tariff relief

Source: Reuters

May 1, 2025 1:05 PM EDT Updated 2 hours ago


WASHINGTON, May 1 (Reuters) - The White House on Thursday rebuffed an effort to give small U.S. business owners any immediate relief from tariffs, saying those companies would get economic relief from tax cuts that Congress is seeking to extend.

The U.S. Chamber of Commerce, in a letter to U.S. President Donald Trump's administration, asked for small companies to be excluded from tariffs if they can show it would harm U.S. workers and for products that cannot be made in the United States or are not readily available.

"The relief for small businesses is going to come in the form of the largest tax cut in American history," White House deputy chief of staff for policy Stephen Miller told reporters when asked about the request.

Asked if that was a no to short-term small business tariff relief, Miller added: "It's a yes on tax relief for small businesses."Trump's fellow Republicans in Congress are seeking to pass legislation to extend U.S. President Donald Trump's 2017 tax plan, which expires at the end of this year.

Read more: https://www.reuters.com/world/us/white-house-dismisses-chamber-push-small-businesses-tariff-relief-2025-05-01/



Link to U.S. Chamber of Commerce PRESS RELEASE - U.S. Chamber to Administration: Small Businesses Need Immediate Relief from Tariffs

Link to LETTER (PDF) - https://www.uschamber.com/assets/documents/Administration-Letter-on-Tariffs.pdf

RELATED - Chamber of Commerce asks for tariff exclusions, warns of recession


They were told to BE PATIENT!!!11!!!!!11!!!111!!!
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White House dismisses Chamber push for small businesses tariff relief (Original Post) BumRushDaShow Yesterday OP
Yup, confirmation it's all about oligarches, billionaires, Big Business, CEO's & C-Suites bucolic_frolic Yesterday #1
The "miracle" of the massive "tax cut" for the richest fucks solves everything. Tarzanrock Yesterday #2
Trump to small businesses: Drop Dead SunSeeker Yesterday #3

bucolic_frolic

(50,074 posts)
1. Yup, confirmation it's all about oligarches, billionaires, Big Business, CEO's & C-Suites
Thu May 1, 2025, 03:02 PM
Yesterday

Gotta hand it to the GOP. It was a masterful deception all along. Been brewing since the 1980s if not 1934. Herbert Hoover is a masterful study, the Hoover Institute that championed free-market capitalism the invisible hand.

If they can get 50,000 small businesses to fail, the big corporations will have a field day buying property, assets, technology, patents on the cheap.

It was never about anything else.

Tarzanrock

(770 posts)
2. The "miracle" of the massive "tax cut" for the richest fucks solves everything.
Thu May 1, 2025, 03:18 PM
Yesterday

The laughable impetus to vulture capitalism is always the Republican Nazi Party's proffer of a massive "tax cut" gratuitiously given to welfare queen rich fucks who pay 12% - 14% tax on their accretion of wealth.

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