Press Releases

Congressman Don Beyer (D-VA) today ripped the “logic” of President Trump’s insane tariff regime to shreds today during a House Ways and Means Committee hearing on Trump’s trade policy with U.S. Trade Representative Jamieson Greer.

During the course of his testimony, Greer repeatedly advocated for increased tariffs on top U.S. trading partners – tariffs Trump abruptly paused during the hearing. Greer, who ostensibly serves as Trump’s top adviser on trade policy, obliviously continued to defend the paused tariffs to members of the Committee for some time until he was informed of the sudden change.

Video of Beyer’s exchange can be viewed here. Some of his comments to Ambassador Greer: 

“Ambassador Greer, you have a most awful job: to try to convince us and the people we represent that the President’s trade policies are wise and measured when the truth is they are stupid and bad.”
…
“I want to quickly run through a few of the ways the logic behind the Trump tariffs makes no sense. You got the math wrong, according to the people whose research you cited. Mr. Chairman, I ask unanimous consent to enter into the record a New York Times article by former Treasury official Brent Neiman titled, ‘The Trump White House Cited My Research to Justify Tariffs. It Got It All Wrong.’ This math error had the effect of quadrupling the tariffs Trump applied to some of our biggest trading partners.

“Trump exempted some goods – notably oil – but not others, including things we simply cannot produce in the United States. Why tariff bananas? Why tariff cocoa? Why tariff coffee? We don’t have the capacity to produce these things at a scale that meets domestic demand.

“Trump logic equates any trade deficit with ‘cheating,’ in fact he called it ‘rape.’ But even this stupid logic didn’t help Australia or Brazil or Singapore, all countries with whom we have a trade surplus. How does Australia negotiate an end to a trade deficit that doesn’t exist?

“Some countries have a deficit because we import things we want but they are too poor to afford our exports. A perfect example is Madagascar. We buy something like 60 percent of our vanilla from Madagascar, but they have one of the lowest GDP-per-capita rates in the world, and they just can’t afford many of our products. We just hit them with a 47% tariff.

Trump is hinting that maybe if countries lower tariffs on us he might drop tariffs on them, a little bit or some or possibly. But Vietnam, knowing that Trump was coming, massively cut their tariffs on the U.S. to appease him ahead of his announcement last week. Instead you slapped a 46% tariff on them anyway. So what are the Vietnamese supposed to do?

“Trump declared a phony national emergency and imposed tariffs on Canada to punish our closest ally for ‘fentanyl smuggling,’ despite the fact that our own government says the amount of smuggling at the northern border is vanishingly small, less than one percent. How does Canada get out of tariffs imposed for something we admit they’re not doing?

“Trump is risking our economy to bring back factory jobs that pay far less than the 8 million jobs listed in the JOLTS report right now, 8 million jobs available in America, that pay far more in fast-growing like health care, clean energy, or data science.

“The Secretary of Commerce, Howard Lutnick, is on television raving about shifting millions of Americans to work on, and I quote, “screwing in little screws to make iPhones.”

“You guys are blasting nearly every product from nearly every country with these tariffs, Senator Tillis yesterday called it ‘a trade war on all fronts.’ It hurts our alliances, it is hurting our economy, it hurts our ability to make and keep free trade agreements - which is supposedly your job.”