Washington, DC, April 10, 2025 – The US Council for International Business (USCIB) is pleased by the Administration’s pause on reciprocal tariff actions against most US trading partners. The duties and countermeasures have roiled markets and supply chains, creating tremendous economic uncertainty for US companies and consumers. We note that retaliatory action is counterproductive, but also believe the US should seek de-escalation with all countries subject to the reciprocal tariffs in order to provide an opportunity for negotiated outcomes that level the playing field and ensure a prosperous environment for US trade and investment.

While we value the America First Trade Policy goal of addressing unfair trading practices, the US must work with industry on pragmatic solutions that do not destabilize markets and harm US competitiveness.

About USCIB:   

The United States Council for International Business (USCIB) powers the success of US business across the globe. Our members include US-based companies and professional services firms from every sector of the economy, with operations in every region of the world. As the US affiliate of leading international business organizations including Business at OECD (BIAC), the International Chamber of Commerce (ICC), and the International Organization of Employers (IOE), USCIB advances the US business perspective to policymakers and regulatory authorities worldwide and works to facilitate commerce, support sustainable development, and build trust in multilateral systems. USCIB is also the national guaranteeing and issuing association for ATA Carnets, a unified international customs document that allows for the temporary import and export of various types of goods into a foreign country without paying duties or taxes. Learn more at www.uscib.org.