NJ AR200

Formally opposes President Trump's tariff policy including the 25% tariff on steel, aluminum, cars, and auto parts, as well as the 10% universal import duty on all products

Cites research from the National Bureau of Economic Research showing that 2018 tariffs resulted in higher prices, supply chain disruptions, and complete pass-through of tariff costs to consumers

Expresses concern that tariffs will increase costs of living for New Jersey residents, raise operating costs for businesses, reduce employment opportunities, and harm the state's economy

Highlights New Jersey's particular vulnerability due to its diverse economy and one of the busiest container ports in the United States

Directs the Clerk of the General Assembly to transmit copies of the resolution to the President, Vice-President, and U.S. Trade Representative Jamieson Greer