<p class="title">The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.</p>.<p class="bodytext">With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relations between the White House and the Chamber.</p>.<p class="bodytext">The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant. Using a state-by-state analysis, it argues that Trump is risking a global trade war that will hit the wallets of U.S. consumers.</p>.<p class="bodytext">“The administration is threatening to undermine the economic progress it worked so hard to achieve,” said Chamber President Tom Donohue in a statement to Reuters. “We should seek a free and fair trade, but this is just not the way to do it."</p>.<p class="bodytext">The Chamber, which has 3 million members, historically has worked closely with Republican presidents and praised Trump for signing business tax cuts in December. But mounting trade tensions have opened a rift with the president.</p>.<p class="bodytext">Trump has implemented billions of dollars in tariffs targeted at China, Canada, Mexico and the European Union, saying such moves are needed to offset trade imbalances.</p>.<p class="bodytext">Nations have begun retaliating. On Friday, Canada struck back at U.S. steel and aluminium tariffs, vowing to impose punitive measures on $12.6 billion worth of American goods until Washington relents.</p>.<p class="bodytext">China is expected to impose a new 25-per cent tax on soybeans in July. Mexico is adding duties to pork imports. The EU has targeted $3.2 billion in American goods exported to the 28-member bloc, including bourbon and Harley Davidson motorcycles.</p>.<p class="bodytext">Pushing back on Trump, the Chamber based a state-by-state analysis of data from the U.S. Department of Commerce and government agencies in China, the EU, Mexico, and Canada.</p>.<p class="bodytext">Trump has previously been persuaded to back off of trade threats with the argument that states that backed him in the 2016 presidential campaign will be hard-hit.</p>.<p class="bodytext">For example, the Chamber said Texas could see $3.9 billion worth of exports targeted by retaliatory tariffs; Tennessee, $1.4 billion; and South Carolina, $3 billion.</p>
<p class="title">The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.</p>.<p class="bodytext">With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relations between the White House and the Chamber.</p>.<p class="bodytext">The new campaign, detailed first to Reuters, is an aggressive effort by the business lobbying giant. Using a state-by-state analysis, it argues that Trump is risking a global trade war that will hit the wallets of U.S. consumers.</p>.<p class="bodytext">“The administration is threatening to undermine the economic progress it worked so hard to achieve,” said Chamber President Tom Donohue in a statement to Reuters. “We should seek a free and fair trade, but this is just not the way to do it."</p>.<p class="bodytext">The Chamber, which has 3 million members, historically has worked closely with Republican presidents and praised Trump for signing business tax cuts in December. But mounting trade tensions have opened a rift with the president.</p>.<p class="bodytext">Trump has implemented billions of dollars in tariffs targeted at China, Canada, Mexico and the European Union, saying such moves are needed to offset trade imbalances.</p>.<p class="bodytext">Nations have begun retaliating. On Friday, Canada struck back at U.S. steel and aluminium tariffs, vowing to impose punitive measures on $12.6 billion worth of American goods until Washington relents.</p>.<p class="bodytext">China is expected to impose a new 25-per cent tax on soybeans in July. Mexico is adding duties to pork imports. The EU has targeted $3.2 billion in American goods exported to the 28-member bloc, including bourbon and Harley Davidson motorcycles.</p>.<p class="bodytext">Pushing back on Trump, the Chamber based a state-by-state analysis of data from the U.S. Department of Commerce and government agencies in China, the EU, Mexico, and Canada.</p>.<p class="bodytext">Trump has previously been persuaded to back off of trade threats with the argument that states that backed him in the 2016 presidential campaign will be hard-hit.</p>.<p class="bodytext">For example, the Chamber said Texas could see $3.9 billion worth of exports targeted by retaliatory tariffs; Tennessee, $1.4 billion; and South Carolina, $3 billion.</p>