On the recordApril 2, 2025
I rise today in strong support of a bipartisan resolution led by my colleague who is here today, Senator Tim Kaine, which I colead with him and Senator Warner to restore stability to our trade with one of our greatest allies, greatest friends, and that is the country of Canada. This resolution does one thing, and it does it clearly. It terminates the President's declaration related to the Canadian border that he is using as an excuse to impose across-the-board tariffs--which are, in fact, taxes--on Canadian imports under the International Emergency Economic Powers Act. Passing this resolution just became even more urgent because of the President's announcement of even more across-the-board tariffs this afternoon, including a minimum 10-percent tax on all imports and even higher tariffs on certain countries--including our friends and allies. This is a country that has thrived on the fact and our economy has grown because we do business with the world. And, already, with the President's announcement--which he called ``Liberation Day''; I call it a ``National Sales Tax Day'' because the estimates are that these tariffs will result in about $5,000 in taxes--that is right--on the average family in America every single year. What has happened? Well, the stock market is closed, but the futures are tanking. They are tanking. And that is because people get that this is not going to work for our American economy. They don't want a national sales tax.…
