Peter Welch: “these tariffs are terrible. No. 1, let's be clear, they are a tax. So every tariff is going to be paid for by every…”

“these tariffs are terrible. No. 1, let's be clear, they are a tax. So every tariff is going to be paid for by every consumer in this country, and it is going to be an expense for every business in this country. That is No. 1. No. 2, these tariffs are totally chaotic in creating an immense amount of uncertainty so that businesses don't know what is the tariff from one day to the next. The least desirable situation for any of our businesses is when there is total uncertainty about what governmental policy is. The challenges to our consumers and to our businesses are universal. Every consumer in every State, every business in every State faces the threat of these higher expenses that go to consumers in this incredible uncertainty that is inflicted on businesses. But my legislation, the Creating Access to Necessary American-Canadian Duty Adjustments Act, the CANADA Act, cosponsored by Leader Schumer, by my colleague Senator Shaheen, Senator Murkowski of Alaska, Senator Kaine, Senator Collins, Senator Markey, and Senator Wyden, focuses special attention on our small businesses.”