On the recordJuly 31, 2025
I want to start with the deadline and, I believe, tomorrow's imposition of a 50-percent tariff on Brazil imports. I really appreciate what the administration is doing, trying to get other countries on notice that we are tired of unfair balance of trade. We have probably allowed it to go on for too long. So some of the chaos that some people may think the administration is creating with these tariffs is absolutely necessary to stop the chaos of the United States being unfairly positioned with trade partners. So on that side of the ledger, I support what the administration is doing. But as somebody who advised businesses on capital expenditures, on corporate relocations, on manufacturing facilities, those sorts of things, in my prior career, I am worried about how this 50-percent tariff on Brazil--a country that we have a trade surplus with-- undermines our credibility as we are trying to negotiate these other tariffs because I met with some members of the Brazilian senate earlier this week in my office.
Source
govinfo.gov




