It is a turbulent time in the USA, and we’re feeling the global ripples. Today might have been the first in a global trade war, but GAMA, the American Game Manufacturers Association, does not like it.
The association argues that the policy seriously threatens the US economy and specific industries like tabletop games by increasing consumer prices, potentially causing layoffs and business closures, and even risking a recession. GAMA breaks down why these tariffs are viewed as detrimental taxes on consumers, questions the feasibility of replacing imports with domestic production quickly, and concludes with a call to action urging opposition to the policy
They say;
GAMA Opposes New 54% Tariff on Chinese Goods Threatens US Economy and Tabletop Industry
The latest 54% tariff on Chinese products is bad news for everyone. Higher prices on clothes, food, appliances, cars, and games mean less money for fun and essentials. This misguided policy could lead to layoffs, business closures, and even a recession.
Take Action Now! Contact your representatives and senators to oppose this damaging policy. Find their info at house.gov and senate.gov. Let’s protect our industry and economy together!
Please contact your elected federal Representatives and Senators today to share our opposition to these new Trump Taxes!
Talking Points: Opposition to New 54% Tariff on Chinese Goods
Impact on Prices:
- The 54% tariff on Chinese goods will significantly increase the prices of consumer products, including games, clothes, food, appliances, and cars.
- Higher prices will reduce discretionary income, making it harder for consumers to afford items like games.
Economic Consequences:
- These tariffs act as taxes on consumers, not on the countries where the products are produced.
- Increased costs will force publishers to pass these expenses on to customers or risk going out of business.
- The policy could lead to widespread layoffs and business closures across the country, including in the tabletop industry.
Production Capacity:
- The US lacks the production capacity to quickly ramp up and create replacement products at affordable prices.
- The administration’s belief that domestic production will fill the gap is unrealistic and will lead to supply shortages and further price hikes.
Broader Economic Impact:
- The tariffs will have major repercussions throughout the US economy, potentially leading to a recession.
- Higher prices across the board will affect all Americans, not just those in the tabletop industry.
Call to Action:
- Urge Congress to show common sense and work together to vacate this damaging policy.
- Emphasize the need to protect the US economy and avoid a misguided tariff war that is neither necessary nor needed.
Contact Information:
- Find your representative and senators’ contact information at house.gov and senate.gov.
- Encourage members to write or call their elected officials to express their concerns and demand action.
Let’s stand together against these misguided tariffs!
