Sánchez: Congress must reclaim trade authority before Trump plunges economy into recession
WASHINGTON – Ways and Means Trade Subcommittee Ranking Member Linda Sánchez (D-Calif.) released the following statement in response to the U.S. economy shrinking due to President Trump’s trade policies:
“President Trump inherited a strong, growing economy that was the envy of the world. But in just 100 days, his reckless trade policies have sent our economy spiraling downward and we’re now staring at the very real threat of yet another Republican-led recession.
“That means lost jobs, rising prices, and working families once again forced to bear the brunt of this administration’s failures – all due to self-inflicted wounds by a president dangerously out of control. Congress must reclaim its authority over trade and tariffs before President Trump plunges us into a recession.”
Background
Ranking Member Sánchez earlier this month introduced the Stopping a Rogue President on Trade Act, a bill that would turn off the global tariffs imposed on April 2, turn off the tariffs imposed by executive order for Mexico and Canada, and require congressional approval for tariffs imposed by the president. The bill has the support of all Ways and Means Democrats.
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