From Congressman Randy Hultgren in his weekly newsletter:
Tariffs Take Us in the Wrong Direction
Yesterday, the country received some great news: employers added 223,000 jobs in May, lowering the unemployment rate to an 18-year(!) low of 3.8 percent. Unemployment is down across the board as a result of pro-growth policies like tax cuts.
We need to build on that clear momentumnot risk a slowdown with the Trump Administration’s decision to move forward to impose hefty tariffs on imports of steel and aluminum from the European Union, Canada and Mexico.
As I have talked with job creators throughout the 14th District this week, they’ve told me how tariffs could harm the future of their businesses and the people who work there.
Mexico and the European Union have already announced retaliatory tariffs on U.S. goods like produce, meat products and various metal productsmany of which are produced in Illinois.
Canada has threatened similar action.
This escalating trade war will have devastating impacts on our American manufacturing and agricultural sectors.
I have fought hard to ensure that manufacturing businesses and farmers in my district have the ability to expand, produce and compete globally.
Free trade has helped Illinois and our country prosper, and protectionist policies like tariffs only increase the cost of products and commodities produced here and lead to the loss of American jobs. At this time of economic growth, the last thing we should be waging is a trade war.
Here’s a letter 106 of my colleagues and I sent to the president in March with alternatives.