Cory Gardner: I’m Concerned Trump’s Tariffs Will Result in a Tax Hurting the People We’re Trying to Help

‘There’s a lot of conversations that we need to have with this White House to make sure that the economic benefit outweighs the economic harm of such tariff actions’

GARDNER: "Well, we have legislative tools at our disposal. The question is, of course, how do we get that to the president for his signature? Our founders set up a system where the president has to agree with legislation that comes out of Congress. And there are ways that we can narrow the framework that the president is using to increase or levy those tariffs. There are things that we can do. But I think most importantly is this, a recognition that we agree on fair trade deals, that agree that we want the United States treated in a way that we are treating other nations. And if we can do better, then we should better. But I am concerned that a tariff can result in a tax on the very same people that we are trying to help in this economy, that they could actually be hurt, instead of being helped by this action. So let’s work and spend the next few weeks trying to figure out exactly how narrowly tailored these tariffs can be, go after the bad actors. If that is China, then let’s make sure that we hold them accountable and responsible. But I spoke with the CEO of a EVRAZ steel mill in Colorado, Conrad Winkler. We talked a little bit about just the impact that the NAFTA would have on the them if we were to withdraw, doubled with the steel tariff. He is very grateful that Canada has been removed from the steel tariffs. Who else is going to be removed through this process, we will wait and see. But I think there’s a lot of conversations that we need to have with this White House to make sure that the economic benefit outweighs economic harm of such tariff actions."

Video files
Full
Compact
Audio files
Full
Compact