U.S. Reps. Jackie Walorski (R-Ind.), Ron Kind (D-Wis.), Terri Sewell (D-Ala.), and Darin LaHood (R-Ill.) recently introduced the Trade Security Act, a bill that would reassert Congressional authority over trade and tariff policy by reforming Section 232 of the Trade Expansion Act of 1962. The bill would also redesignate national security threat assessments (in regards to Section 232 tariffs) to the Department of Defense.
Sens. Rob Portman (R-Ohio), Doug Jones (D-Ala.), Joni Ernst (R-Iowa), Lamar Alexander (R-Tenn.), Dianne Feinstein (D-Calif.), Deb Fischer (R-Neb.), Kyrsten Sinema (D-Ariz.), and Todd Young (R-Ind.) introduced the Senate companion version of the bill recently.
“The President is right to seek a level playing field for American businesses and workers, but the best way to do that is with a scalpel, not an axe,” Congresswoman Walorski said. “Overly broad tariffs continue to harm manufacturers in my district and threaten our nation’s economic momentum, and it’s clear the national security tariff process is flawed. This bipartisan bill would restore fairness, transparency, and accountability to the Section 232 process, ensure these tariffs are only used when necessary to protect our national security, and give the American people a voice by strengthening congressional oversight.”
“This Administration’s go-it-alone approach of resolving our trade imbalances has sparked a trade war that is hurting Wisconsin farmers, workers, and families,” said Rep. Ron Kind. “The National Security tariff process is being misused, at the cost of our rural and local economies. It is long-past time for Congress to reassert its constitutionally-granted power in our Nation’s trade policy and protect our export power.”
“Congress must reassert its trade authority and take steps to protect our manufacturers and farmers from the Trump administration’s reckless and isolationist trade policy. Alabama – where auto manufacturers like Hyundai and Mercedes employ nearly 40,000 hardworking men and women – is proof the Trump administration’s policies are misguided. The auto industry strengthens America; it doesn’t threaten it,” said Rep. Terri Sewell.