Political Quotes

“Mr. Speaker, I rise today to speak about the administration's approach to trade and the pain that we are already feeling due to the shortsighted and poorly-considered decisions that have been made. Since the administration announced its plans in March to use wide- ranging tariffs to address trade imbalances, I have been warning the President and the Nation that this is a wrongheaded approach. So many of my colleagues from both sides of the aisle, I believe, agree. We all want to see American jobs secure and increase opportunities for our economy; that is without doubt. But raising broadly-defined tariffs will do, I believe, just the opposite. We all know, or at least most of us know, that the most likely effect of raising tariffs will be other countries adjusting their trade measures to protect their economies and their industries and their workers. Let's realize that, in the global economy that we live in today, most countries have leverage. I hope the President realizes this. And what happens as a result? We have a trade war. That is where we are going, and I have been saying since March, no one, Mr. Speaker, no one wins in a trade war; which is why both Republicans and Democrats have publicly expressed grave concerns with the administration's tariff-based approach to trade. But beyond the warnings and concerns, Mr. Speaker, we are now feeling the negative impacts of the administration's approach.…”