RICHMOND, Va. (WAVY) — U.S. Senator Tim Kaine (D-VA) released a statement in reference to President Donald Trump signing an order to impose new tariffs on imports from Mexico, Canada and China.
“Virginians want lower prices, not higher ones, and the last thing we need are new, senseless taxes on imports from America’s three largest trading partners,” said Kaine. “During President Trump’s first term, his trade wars hit Virginia hard. Our farmers and foresters were especially affected, but everyone suffered. Everyone, that is, except for Trump’s cronies—billionaires, bitcoin bros, and offshore bandits. Here we go again.”
Goods from China would be subjected to a 10% tariff, compared with 25% for Mexico and Canada — which will cause an increase in cost on basic goods such as cheap apparel, gas and food.
The White House said in a statement that the tariffs were being implemented in order to pressure the three countries into stopping the flow of fentanyl and immigrants. In response to the order, Mexico and Canada stated they plan to retaliate, with Canada ordering a 25% tariff on American imports. Mexico has yet to announce a number.
On Friday, Kaine, along with Senator Chris Coons, introduced the Stopping Tariffs on Allies and Bolstering Legislative Exercise of Trade Policy Act. This comes after he introduced the Protecting Americans from Tax Hikes on Imported Goods Act to shield American families and businesses from increased costs by limiting the president’s authority to impose unlimited tariffs under the International Emergency Economic Powers Act.
“Virginians want costs to go down, not up,” Kaine said. “But President Trump’s plans to impose broad-based tariffs would raise the price of everyday goods and hurt our economy. It’s time for Congress to make it clear that no president should abuse existing tariff authorities designed to protect America’s national security from threats posed by our adversaries to slap tariffs on our allies and closest trading partners. I’m proud to introduce this legislation with Senator Coons to take that step to protect Americans’ pocketbooks from sharp price hikes and safeguard our relationships with our allies.”
