Reichert, Ways and Means Committee Discuss Tariff Effects on American Businesses

Apr 12, 2018 Issues: Economy and Jobs, Trade

Washington, DC - Earlier today, Representative Dave Reichert (R-WA) attended a House Ways and Means Committee hearing on the effects of the Section 232 and 301 tariffs on American jobs and businesses. John Wolfe, Chief Executive Officer of the NW Seaport Alliance, was one of seven witnesses invited to testify before the Committee about how these tariffs will affect our economy and businesses across the country. Rep. Reichert released the following statement after the hearing:

“Today’s hearing provided an important opportunity for a conversation about the impact of these tariffs on consumers, workers, and businesses," said Rep. Reichert. "The real-life examples discussed today highlight the need to solve the problem of China’s cheating in a way that not only protects American workers and businesses but puts them first.  We must put forward the strongest approach to combat unfair trade that also shields my constituents from tariffs and retaliation.  With Washington’s trade-dependent economy, we have to get this right - our communities depend on it. I would like to thank John Wolfe for joining us to share just how critical trade is to Washington state and what these tariffs mean to Washingtonians.”

As Chairman of the Ways and Means Trade Subcommittee, Rep. Reichert has long been a champion of trade. Hailing from trade-dependent Washington state, he continues to highlight the importance of protecting American workers, businesses, and farmers from tariffs and retaliation. Following President Trump’s announcement on the Section 232 tariffs on steel and aluminum imports, Rep. Reichert and Chairman Brady expressed their concerns and sent a letter to the Administration that was signed by more than 100 of their Republican colleagues. Later, the Administration announced the results of its Section 301 investigation into China’s theft of intellectual property and forced technology transfers and its plans to impose tariffs on certain imports from China. Following the announcement, the Administration released a preliminary list of products on which it is considering imposing import tariffs.