1. United States
2. Ill.
3. Letter

The ongoing trade tensions and escalating tariffs are creating significant economic uncertainty and market volatility. Imposing broad tariffs on imports from key trading partners is disrupting global supply chains and harming businesses across many sectors. This protectionist approach risks inflicting serious damage on the U.S. economy and undermining our nation's long-term competitiveness. The Federal Reserve should be left alone to conduct monetary policy independently without interference from the administration. A more prudent path forward would be to work constructively with allies to address legitimate concerns through negotiation rather than unilateral tariff actions. Resorting to tit-for-tat trade wars will only breed further instability and raise costs for American consumers and companies. We urge the administration to de-escalate trade conflicts through diplomacy and rules-based solutions that strengthen economic cooperation. Pursuing mutually beneficial trade agreements aligned with core American values and interests is crucial for sustained prosperity.