The Exhibitions & Conferences Alliance (ECA) – a coalition of leading professional and industry associations and advocacy voice of the US business events industry, issued the following statement on the recent executive order introducing new reciprocal tariffs on US trading partners. The order, says ECA, has led to significant concern within the US business and professional events industry.
The statement reads: “These tariffs will increase costs for business and professional event organisers, exhibitors, and attendees alike. They also send a signal to international exhibitors and attendees that the US is closed for business. Moreover, these tariffs will particularly harm small businesses, which account for 99% of industry companies and 80% of all exhibitors.
“This year, our industry is on track to employ 2.63m Americans and drive $426.1bn in spending nationwide. That’s why the Exhibitions & Conferences Alliance (ECA) opposes these new tariffs, which will negatively impact our collective ability to drive economic growth, support job creation, empower small businesses, and help to solve our most urgent societal challenges.
“ECA will continue to work with its member associations, coalition partners, and other key stakeholders in Washington, DC to advocate for trade policies that will strengthen the competitiveness of the US business and professional events industry going forward and allow us to continue to serve as a growth engine for the US economy.”
ECA also encourages industry leaders and advocates to share their concerns with their policymakers through the ECA Advocacy Network’s email action center. ECA has also established the ECA Tariff Resource Center on the ECA website with the latest news impacting the industry.
Source: www.exhibitionworld.co.uk
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