SPRINGFIELD – The Illinois Manufacturers’ Association (IMA) today released the following statement in response to the U.S. Supreme Court decision on tariffs:
“American manufacturers need a fair, rules-based system to successfully compete in markets across the globe. While tariffs can be an effective tool when tailored narrowly, many Illinois manufacturers reported that constantly changing across-the-board tariffs caused uncertainty, limited their ability to procure critical inputs, raised costs, and hurt competitiveness,” said Mark Denzler, president & CEO of the Illinois Manufacturers’ Association. “We hope today’s decision will provide a stable, effective framework for the United States to negotiate trade agreements with partners, while utilizing tariffs to go after bad actors cheating the system, stealing intellectual property or otherwise undermining the rules. This should serve as a reminder of the importance of collaboration and coordination between industry and policymakers to maintain our nation’s manufacturing and economic strength.”
About the Illinois Manufacturers’ Association (IMA)
The Illinois Manufacturers’ Association is the only statewide association dedicated exclusively to advocating, promoting and strengthening the manufacturing sector in Illinois. The IMA is the oldest and largest state manufacturing trade association in the United States, representing nearly 4,000 companies and facilities. For more information, please visit http://ima-net.org/.