Health Insurance Tax
On August 21, 2017, the California Chamber of Commerce asked congressional leaders to delay and/or repeal the tax on health insurance providers. The tax in reality is an indirect tax on responsible employers because the tax is calculated on insurance premiums paid for by employers. View the CalChamber letter.
Stand-Alone Tariff on Steel and Aluminum
The California Chamber of Commerce has deep concerns over the impact that a stand-alone tariff on steel and aluminum could have on international trade and the state’s economy. The CalChamber urges members to contact the Trump administration quickly to strongly oppose the raised tariffs before they are finalized. See sample letter.
U. S.-Korea Free Trade Agreement (KORUS)
The California Chamber of Commerce reaffirmed support for the U. S.-Korea Free Trade Agreement (KORUS) in a letter sent September 5, 2017 to members of the Trump Administration, including the Secretary of Commerce and the US Trade Representative. View the CalChamber letter.
On February 16, 2018, the California Chamber of Commerce commented again to members of the California Congressional Delegation on the North American Free Trade Agreement as the United States continues negotiations with the seventh round on February 25 with Canada and Mexico regarding modernization. The CalChamber understands that NAFTA was negotiated more than 25 years ago, and, while our economy and businesses have changed considerably over that period, NAFTA has not. We agree with the premise that the United States should seek to support higher-paying jobs in the United States and to grow the U.S. economy by improving U.S. opportunities under NAFTA. Now that the renegotiation process is underway, the California Chamber of Commerce urges a quick and efficient process, and one that does not hinder ongoing trade and investment among the three NAFTA members who must be kept united in the same end-goal of a successful renegotiation. View the CalChamber letter.
On June 12, 2017 the California Chamber of Commerce submitted comments on “Negotiating Objectives Regarding Modernization of the North American Free Trade Agreement with Canada and Mexico” to the U.S. Trade Representative – with a copy to the California Congressional Delegation. View the full text of the CalChamber’s submission.
(May 31, 2017) Lanhee J. Chen of the Hoover Institution comments on political and policy aspects of the Trump administration’s approach to trade policy, at the CalChamber Capitol Summit on May 31. The talk show format session was moderated by CalChamber President and CEO Allan Zaremberg.