talks

Senate Finance Committee Wants to Talk Trade, Tariffs

Dan Industry News Release, Trade

The Senate Finance Committee will hold a hearing next Thursday, March 22, regarding the Trump Administration’s trade policy.

senate financeThe Hagstrom Report says that U.S. Trade Representative Robert Lighthizer will be the lone witness at the proceedings.

The committee chair, Republican Orrin Hatch of Utah, has been critical of President Donald Trump’s announced trade tariffs. Hatch says in a news release, “After the biggest tax rewrite in more than three decades, it is essential that the president’s trade agenda builds on the pro-growth, pro-jobs success.” Hatch says he and Trump both share the same goal of making trade work for all Americans. The best way to do that is by pursuing new trade deals that will open up new markets for American goods and services, boosting access to new customers. Hatch adds, “I have made it clear that tariffs are nothing but a tax on American businesses and consumers and I look forward to discussing with Ambassador Lighthizer how the administration can mitigate the damage they cause. Committee members will also have the opportunity to ask the ambassador more about how the administration would use an extension of bipartisan Trade Promotion Authority, which it requested in its Trade Policy Agenda.”

From the National Association of Farm Broadcasting News Service.