Phoenix, AZ – After Donald Trump announced sweeping tariffs on Mexico and Canada, Governor Katie Hobbs was joined by Arizona business and agricultural leaders in statements highlighting the threat of rising costs and economic disruptions from the new tariffs.
"Arizona's economy is growing, and we're working hard to create jobs and lower costs," said Governor Katie Hobbs. "But let me be clear, these tariffs are a tax on Arizona families and businesses that threatens to derail our progress. These new taxes threaten to hike grocery and gas prices. They threaten to increase the cost of housing. And they threaten critical Arizona industries that employ tens of thousands of people, including semiconductor manufacturing, agriculture, and the clean energy economy. They're bad for families and they're bad for business. I hope the president will reconsider this hasty action that could have a devastating impact on our state's economy."
Danny Seiden, President and CEO, Arizona Chamber of Commerce and Industry:
"Strong trade policies should help businesses grow and keep costs down for American consumers—not make things more expensive. Tariffs aren't a tax on foreign countries; they're a tax on American businesses, consumers, and families. This move threatens to disrupt operations, slow economic growth, and raise prices at a time when affordability is already a major concern for families. We'll be working closely with the Governor's team and our congressional delegation to ensure Arizona remains competitive and that businesses aren't caught in the crossfire."
Lance Jungmeyer, President, Fresh Produce Association of the Americas:
"The Fresh Produce Association of the Americas (FPAA) hopes the long history between the U.S., Canada, and Mexico can result in agreements that address the needs of our shared borders. As U.S. companies who distribute fresh fruits and vegetables, members of the FPAA are important partners in bringing consumers across North America essential foods that make up a healthy diet. They are also responsible for creating U.S. jobs. In Arizona alone, fresh produce is the largest private employing industry in our border community, and we have an almost $1 billion positive impact to the state. There is a concern that tariffs would impact our North American supply chain, and in turn impact food prices, U.S. jobs, and the health of America."
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Monica Villalobos, President and CEO, Arizona Hispanic Chamber of Commerce:
"Today, we share our concerns regarding increased tariffs on our closest trading partners, Mexico and Canada. This level of increase could be catastrophic for Arizona businesses and our customers. The potential impact to supply chains and the price of everyday goods is unknown but threatens the stability of small- and medium sized businesses as well as the average household.
"Exporting goods is a defining characteristic of a growing business. Roughly 87% of businesses in Arizona that trade internationally are small and medium sized businesses. Tariffs at this level are as much of a danger to economic growth and stability as inflation and should be avoided.
"We are disappointed by this drastic action without a clear assessment of the impact on our economy. We encourage the federal government to rethink these tariff increases and ensure any tariff strategy not only protects domestic industries but also avoids diminishing US exports."
Todd Sanders, President, Arizona-Mexico Commission; President and CEO, Greater Phoenix Chamber:
"The Greater Phoenix Chamber expresses profound concern regarding the newly imposed tariffs on Mexico and Canada. As a steadfast advocate for free trade policies and cross-border collaboration, the Chamber has always championed the importance of maintaining strong economic ties with our neighbors to the South and Canada.
"The repercussions of these tariffs on Arizona's businesses and consumers are significant. We strongly urge the Administration to engage in cooperative dialogue with other nations to prevent supply chain disruptions and mitigate the adverse effects on Arizona's agriculture and manufacturing sectors, which are poised to bear the brunt of these tariffs.
"Moreover, the Chamber believes that fostering a climate of mutual respect and understanding between nations is essential for sustainable economic growth. By working together, we can ensure that our industries remain competitive and that our communities continue to thrive. We remain committed to advocating for policies that support the prosperity of Arizona's businesses and the well-being of its residents.
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"We call upon the Administration to prioritize constructive negotiations and seek solutions that benefit all parties involved. It is imperative that we avoid measures that could hinder our economic progress and instead focus on building a future of shared success and stability."
Sandra Watson, President and CEO, Arizona Commerce Authority:
"Arizona's surging economy is fueled, in part, by our growing exports and strong international partnerships, especially with our top trade partner, Mexico. Arizona's supply chain, which includes many small-to-mid-sized businesses, is closely linked with international partners around the world. Our policies should make it easier for Arizona businesses to expand into new markets and grow their operations, not put up new barriers."
Chris Camacho, Vice President, Arizona-Mexico Commission; President and CEO, Greater Phoenix Economic Council (GPEC):
"Arizona has had a long, mutually beneficial history of international trade that has been driven by the United States-Mexico-Canada Agreement for more than 20 years. Mexico steadily ranks as the largest exporter and importer for Arizona, with nearly $20 billion in trade annually and large contributions to vital industries including electronics, transportation, machinery and agriculture. Thousands of jobs in Arizona are supported by exports to Mexico, while Mexican companies employ thousands more in our state. International trade has tremendous gravity in our market, and free and fair trade is integral to the economic vitality of Arizona." |
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