Biden not including Taiwan in new Indo-Pacific trade deal

U.S. Senator Dan Sullivan (R-Alaska) released the following statement in response to reports that Taiwanwill not be included in the Indo-Pacific Economic Framework (IPEF) that the Biden Administration is expected to unveil: “I have been encouraging senior Biden Administration officials for months not to leave Taiwan out of the Indo-Pacific Trade Pact,” Senator Sullivan said. “This is a strategic mistake that signals to … Continue reading Biden not including Taiwan in new Indo-Pacific trade deal

Rand Paul Introduces Freedom to Import Infant Formula Act

U.S. Senator Rand Paul (R-KY) Thursday introduced the Freedom to Import Infant Formula Act to permanently remove tariffs on baby formula and prohibit U.S. Customs and Border Protection from seizing or enforcing restrictions on importation of formula from certain foreign countries. This bill aims to alleviate current baby formula shortages across the United States, and … Continue reading Rand Paul Introduces Freedom to Import Infant Formula Act

Economists Agree – It’s Time for Biden to Lift Price-Hiking Tariff Taxes

As we approach the 2022 midterms, the Biden administration faces a range of economic obstacles that will be at the top of voters’ minds, and nothing has Americans more worried than the ongoing inflation contributing to increased prices for the everyday goods they need most. While President Biden seeks to address this inflation, calls are increasing for … Continue reading Economists Agree – It’s Time for Biden to Lift Price-Hiking Tariff Taxes

Biden promotes socialist Venezuelan energy while shutting down US drilling

House Energy and Commerce Committee Republican Leader Cathy McMorris Rodgers (R-WA) released the following statement on the Biden administration easing energy sanctions on Venezuela. “I strongly oppose the Biden Administration’s move to ease sanctions on Venezuela as its corrupt socialist government continues to undermine America’s national security. We did not need to import oil from … Continue reading Biden promotes socialist Venezuelan energy while shutting down US drilling

Boozman Urges Biden Administration to Prioritize U.S. Trade and Agriculture Agenda

U.S. Senator John Boozman (R-AR), ranking member of the Senate Committee on Agriculture, Nutrition, and Forestry; joined Senators John Thune (R-SD), a member of the Senate Finance Committee and the Senate Committee on Agriculture, Nutrition, and Forestry; and Mike Crapo (R-ID), ranking member of the Senate Finance Committee, in leading a group of Republican members … Continue reading Boozman Urges Biden Administration to Prioritize U.S. Trade and Agriculture Agenda

Toomey, Feinstein to Biden: Lift US tax on users of Ukrainian steel

Senators Patrick Toomey (R-Pa.) and Dianne Feinstein (D-Calif.) today called on President Biden to lift the 25 percent tariff on steel imports from Ukraine. Ukraine is one of the largest steel producers in the world and exports as much as 80 percent of the steel it produces.  President Trump in 2018 imposed a tariff of 25 percent … Continue reading Toomey, Feinstein to Biden: Lift US tax on users of Ukrainian steel

Rep. Donalds Introduces Legislation Prohibiting Imported Oil from Socialist Venezuela

Congressman Byron Donalds (R-FL) introduced the Prohibit the Venezuelan Importation Act, which directs President Joseph R. Biden, Jr. to prohibit the importation of petroleum products from the socialist dictator of Venezuela and encourages the president to implement policies that will bolster the American energy industry. Co-Sponsors of this legislation include: Representatives Mario Diaz-Balart (FL-25), Bob … Continue reading Rep. Donalds Introduces Legislation Prohibiting Imported Oil from Socialist Venezuela

Four Years On, Tariff Tax Hikes Still a Burden on Working Americans

The trade war with China hits its fourth anniversary this year, with the Biden administration set to soon begin a review of the Section 301 tariffs first imposed by former President Donald Trump in 2018. Since then, these tariffs have taxed American business owners nearly $130 billion for the goods they need to stay afloat. A new study from … Continue reading Four Years On, Tariff Tax Hikes Still a Burden on Working Americans

Senator Lee Introduces Supply Chain Bill to Counter Inflation

Sen. Mike Lee (R-UT) introduced the SHIP IT Act this week to help ease the nations supply chain crisis and counter rising inflation by simplifying or suspending certain federal regulations on ports, ships, and trucks.  Empty shelves and backlogged ports have wreaked havoc on American businesses and families.  This bill focuses on streamlining the process to get … Continue reading Senator Lee Introduces Supply Chain Bill to Counter Inflation

Toomey Raises Concerns Over EXIM Proposal for Taxpayer-Subsidized Domestic Manufacturing

U.S. Senate Banking Committee Ranking Member Pat Toomey (R-Pa.) is raising concerns over a new program the Export-Import Bank of the United States (EXIM) may soon launch to finance domestic manufacturing and domestic infrastructure, areas far outside EXIM’s statutory mandate. Although the bank has not published a comprehensive framework for this unprecedented program or subjected … Continue reading Toomey Raises Concerns Over EXIM Proposal for Taxpayer-Subsidized Domestic Manufacturing