The resolution expresses strong opposition to President Trump's tariff policy on imported products, which includes a 25 percent tariff on steel and aluminum, as well as similar tariffs on cars and auto parts, and a universal import duty of 10 percent on all products. It highlights the uncertainty these tariffs create in global markets and emphasizes that tariffs act as taxes on imports, leading to increased prices for consumers and businesses. The resolution cites a study indicating that previous tariffs have resulted in significant price increases, disruptions in supply chains, and reduced availability of imported goods.

Furthermore, the resolution points out that the economic burdens imposed by these tariffs are likely to raise the cost of living for New Jersey residents and increase operating costs for businesses in the state. This could potentially lead to reduced employment opportunities and a decline in the overall economic output of New Jersey, which is particularly vulnerable due to its diverse economy and busy container port. In light of these adverse effects, the resolution calls for the opposition to President Trump's current and proposed tariffs and mandates that copies be sent to key federal officials.