Political Quotes

“today I want my colleagues to listen to some ideas that I have about tariffs, generally, and where we are on tariffs and where we might be on tariffs in a couple of weeks, depending on what the Secretary of Commerce says, because in a few days, that Secretary is expected to provide the President a report. This report will detail his Department's findings in the investigation of whether imports of automobiles and auto parts pose a national threat to the United States. Common sense tells me it doesn't. Let me repeat that because I think it is important for us to understand whether the cars that everyday Americans rely on to get to work, to drive their children to schools, to visit their families--whether or not the importation of those automobiles threatens national security. Now, having said that, you might think that I disagree with the President--and I don't--that we must have fair and enforceable trade agreements that benefit Americans. Sometimes we have to make hard decisions in order to get and have fair and enforceable agreements. I do not agree that we should alienate our allies or jeopardize the health of our economy to achieve the good outcomes of fair and enforceable agreements. The Tax Foundation has found that a 25-percent tariff on auto imports would amount to roughly a $73.1 billion tax increase.…”