Mr. Speaker, what is more hurtful to working families is unfair trade practices that have undermined the American worker for decades. The tariffs imparted by President Trump are proving necessary to ensure fair trade, protect American workers, and reduce trade deficits by bringing other nations to the negotiating table. Access to the American economy is a privilege. President Trump is taking decisive action to comprehensively renegotiate the tariff posture of the United States and the rest of the world for the first time since World War II. His efforts are focused on achieving global free trade, decoupling developing countries from competitive nations like China, and for national security purposes. From what we have seen, President Trump is winning. According to an article from NPR on August 11, tariffs are adding tens of billions of new dollars to Federal revenue, with Treasury bringing in more than $29 billion in customs and excise taxes, a category that is overwhelmingly tariff revenue. Countries like India, China, and South Korea are among the newest nations across the world flocking to the negotiating table.
Editor's note · Context
Discussing the impact of tariffs and trade practices on American workers.
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