Amy Klobuchar: “I rise today, just hours before yet another self-imposed tariff deadline set by the President. He has threatened our…”

“I rise today, just hours before yet another self-imposed tariff deadline set by the President. He has threatened our allies and trading partners with an August 1 deadline to make deals or to see a dramatic increase in reciprocal tariffs. And while a few of these agreements have been announced, the result for the American people has been chaos, costs, and corruption--all up. Let's start with the chaos. The President promised 90 deals in 90 days. Instead, we have gotten more than 100 tariff changes--this way, that way, up and down--and barely a handful of vague trade frameworks, most of them announced without any details. Only one of the six agreements the President has announced this month has actually been signed. But even these newly announced frameworks are very thin on details and still amount to a historically high, 15-percent-across-the-board tariff on American consumers and businesses--the highest effective tariff rate in modern U.S. history. This is no way to treat our friends and allies, and it is certainly no way to run trade policy and strengthen our economy.”