The Los Angeles Area Chamber of Commerce has voiced concern regarding the recent increase in tariffs, including a new 50 percent tariff on copper imports and proposed 200 percent duties on pharmaceuticals. The Chamber also noted possible future actions affecting semiconductors. These developments come as businesses continue to manage inflation, ongoing supply chain challenges, and broader global uncertainties.
Maria S. Salinas, President and CEO of the Los Angeles Area Chamber of Commerce, said: “Tariffs act as hidden taxes on American families and businesses. We continue to urge policymakers to consider alternatives that safeguard competitiveness, strengthen supply chains, and support long-term economic stability.”
According to the Chamber, these higher costs could put additional pressure on manufacturing and infrastructure sectors. They warn this may delay important projects and create wider economic risks for regions that rely heavily on trade such as Los Angeles. The statement comes at a time when the area is preparing for upcoming international events and working to recover from recent wildfires.
The Los Angeles Area Chamber of Commerce represents organizations across private, non-profit, academic, and public sectors throughout the region. Its mission focuses on advancing opportunities for an inclusive economy that can compete globally. The Chamber has a longstanding role in bringing together business leaders, communities, and policymakers in support of regional economic growth.
For more information about the organization’s work or its position on trade policy issues, visit www.lachamber.com.
