Contents
- 1 Permanently Extend the 2017 Trump Tax Reforms
- 2 Alternatives to Tariffs for Achieving Policy Goals
- 3 Unleash AI as a Tool for American Innovation
- 4 Enact Permitting Reform, Expand Domestic Energy Production, Protect LNG Exports
- 5 Reduce Excessive Government Regulation
- 6 Protect Our Border While Encouraging Legal Immigration
- 7 Bottom Line
Neil Bradley
Neil Bradley is executive vice president, chief policy officer, and head of strategic advocacy at the U.S. Chamber of Commerce. He has spent two decades working directly with congressional committee chairpersons and other high-ranking policymakers to achieve solutions.
Permanently Extend the 2017 Trump Tax Reforms
The American business community is eagerly awaiting President Trump’s upcoming address. One key issue they anticipate hearing about is tax reform. Proposed in 2017, the Trump Tax Cuts and Jobs Act (TCJA) had transformative implications. Alongside Congress, over [500 businesses](https://www.uschamber.com/taxes/nearly-500-business-groups-urge-congress-to-permanently-extend-pro-growth-tax-reforms) are poised to support making these tax reforms permanent. The reforms significantly simplified and reduced federal taxes, modernising how business income is taxed. Families and businesses might face the largest automatic tax hike in U.S. history if the provisions expire in 2025.
The [U.S. Chamber](https://www.uschamber.com/taxes/how-pro-growth-tax-policy-raises-wages-improves-the-economy) is leading an extensive campaign to educate policymakers on the necessity of preserving these cuts. Through policy recommendations, research, polling, and firsthand business stories, they’re showcasing the benefits: higher wages, improved living standards, and enhanced community investments.
Alternatives to Tariffs for Achieving Policy Goals
Tariffs have been a hotly debated topic under President Trump’s administration. With families and businesses already battling high costs, the addition of tariffs on nations like Canada and Mexico complicates matters. The Chamber champions the administration’s dedication to scaling back excessive regulations and cutting down taxations. However, they’re urging a reconsideration of the tariff policy. [Thousands of businesses](https://www.uschamber.com/international/trade-agreements/american-workers-businesses-consumers-trade-tariffs) nationwide face increased expenses and uncertainty due to these tariffs.
Utilising tariffs may hinder economic growth. The Chamber suggests looking for innovative alternatives that don’t burden everyday Americans. The goal is to achieve strategic objectives without compromising economic stability.
Unleash AI as a Tool for American Innovation
The administration has made remarkable strides in promoting AI. From the outset, President Trump made clear his intent to sustain U.S. global AI dominance. Vice President JD Vance emphasised the urgency to capitalise on AI potentials. However, emerging legislation in certain states may pose a hindrance to AI adoption. Therefore, the administration must work with Congress to adopt a national, risk-based approach for AI regulation.
AI is pivotal for American prosperity. A balanced regulatory approach can promote both economic competitiveness and national security. Not doing so would risk America ceding its innovative edge in AI.
Enact Permitting Reform, Expand Domestic Energy Production, Protect LNG Exports
Infrastructure projects from roads to energy are stalled due to an outdated permitting system. Bipartisan consensus recognises that permit reform is essential. U.S. oil and natural gas have already reshaped the economy, yet further growth awaits. America’s transition into an energy superpower demands reform which allows for swift project approval.
Another significant aspect is LNG exports. European allies are relying on U.S. LNG as an alternative to Russian gas. Moreover, these exports support American jobs, generating revenue and ensuring global stability. Previous constraints on exports should be revoked to seize this opportunity.
Reduce Excessive Government Regulation
Excessive government regulations have long burdened U.S. companies and their workers. The Chamber took action, suing the Biden Administration multiple times to curb this overreach. It’s critical now to maintain public safety while promoting free markets. Policymakers are already working on cutting back such regulations using instruments like the [Congressional Review Act](https://www.uschamber.com/improving-government/regulatory-relief-among-the-u-s-chambers-top-2025-priorities).
Regulatory relief has begun, and federal agencies are reassessing previous rules. Yet, more can be achieved. The Chamber pledges its continued collaboration to realise shared priorities.
Protect Our Border While Encouraging Legal Immigration
The U.S. shares a goal with the administration to secure borders and combat criminal activities such as drug trafficking. Legal immigration, however, remains an overlooked tool for economic growth. President Trump’s recent recognition of H-1B visa workers’ contributions underlies the need for reform.
The U.S. aspires to lead in AI, semiconductor production, and other fields. However, outdated immigration protocols, restrictive quotas, and prolonged wait times stifle potential. To thrive, American firms need access to global talent.
Bottom Line
Decisions in Washington trickle down, affecting local communities thoroughly. The U.S. Chamber will collaborate with President Trump to ensure every community reaches its potential. This alignment of priorities bodes well for American families, workers, and businesses.
