The US Chamber of Commerce denounced President Donald Trump’s global trade policy, Reuters reports.
According to a number of experts, the campaign launched by the US Chamber of Commerce is a kind of an aggressive effort by the business lobbying giant. The campaign’s supporters argue that there is a risk of a global trade war that will hit seriously the wallets of American consumers. “The administration is threatening to undermine the economic progress it worked so hard to achieve,” Tom Donohue, the chamber president, warned.
The US Chamber of Commerce, which represents the interests of more than 3 million businesses, has been customarily a close ally of the Republican Party and welcomed the tariff cut by Donald Trump.
However, trade tensions have stirred up controversy between the nation’s largest business group and the president.