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WASHINGTON, D.C. – Today, U.S. Senator Tim Kaine (D-VA) spoke on the Senate floor to urge his colleagues to pass his joint resolution challenging President Donald Trump’s tariffs on Canadian goods, which amount to a 25 percent tax on goods imported from one of America’s top trading partners and closest allies. The legislation will be voted on today. Estimates have shown that Trump’s tariffs could raise costs for the average American household by thousands of dollars per year. In addition, Trump’s trade wars have hurt American businesses and created needless uncertainty in the U.S. economy.
“Trump’s aides have basically admitted that this is a new sales tax. The tariff revenue will hit everyday people by making the cost of their goods go up,” said Kaine. “What we are likely to see today with the tariff announcement, it will be the largest tax hike in the United States history.”
Kaine continued, “This was an economy that was extremely strong just two months ago on President Trump’s inauguration day. It was a very, very strong economy – not a perfect economy. But since that time, we’ve seen volatility in the stock market. We’ve seen growing inflation. We’ve seen reducing consumer confidence. We’ve seen some suggestions of slowing economic growth, even negative economic growth from some, and that is due in large part to the prospect of this national sales tax – tariffs to the degree of $6 trillion dollars – but also somewhat to the chaos about whether and when and how they will be implemented.”
Kaine then discussed what he’s hearing from Virginia businesses, saying, “I’ve been traveling around the state talking to Virginians, and they’re very, very worried about these Canadian tariffs. And they’re not worried in the abstract. They saw them in 2017, 2018, 2019, so they know what happens with tariffs … From the kitchen table of a family to our nation’s largest shipbuilders, these tariff shenanigans pose a huge economic risk.”
Kaine pushed back on the Trump Administration’s claims that there is a fentanyl emergency at the U.S.-Canadian border. “No one in this chamber … would dispute that fentanyl is a massive problem and indeed an emergency … There is a fentanyl emergency, but it’s not Canada … It’s not an emergency from Canada, and it’s certainly not an emergency that would justify treating Canadian products with exactly the same tariff that we would levy on products from Mexico and from China,” Kaine said.
“I think allies are really important, and I think it’s wrong to call an ally an adversary,” Kaine said. “I don’t want an America pushing aside its longstanding allies … This is no way to treat an ally. This is no way to treat a friend.”
Kaine concluded, “Tariffs are a tax. Tariffs will hurt our families. Canada is not an enemy. Let’s act together to fight fentanyl. We can do that. We have done that – we showed it with the HALT Fentanyl Act we passed two weeks ago. But let’s not label an ally as an enemy. Let’s not impose punishing costs on American families at a time they can’t afford it. Let’s not hurt American small businesses. Let’s not make our national security investments in ships and subs more expensive. I earnestly request that colleagues support S.J. [Res.] 37 when we vote on it later.”
Ahead of the Senate vote, Kaine’s legislation has garnered support from businesses and organized labor alike, including from the U.S. Chamber of Commerce and the AFL-CIO.
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