Trade

LETTER: American Workers and Businesses Need Economic Relief From Tariffs

January 20, 2022 — Blog

As American workers and businesses struggle to recover from a pandemic – and brace for President Biden’s tax hikes and inflation – Ways and Means Republicans urged the Biden Administration to provide economic relief from Section 301 tariffs on imports by allowing all Americans the opportunity to make the case that exclusions of particular products are appropriate. This is especially ...

Inflation Ranks Highest Among Small Business Concerns Since 1981

January 11, 2022 — Blog

Small business owners are struggling to manage their businesses and hire workers due to Bidenflation, the December Small Business Optimism (NFIB) Survey showed. Business owners remain pessimistic about future economic conditions too – optimism has declined 23 points over the ...

Brady: Canadian Dairy Dispute Settlement Achieved Thanks to USMCA’s Improved Enforcement

January 04, 2022 — Blog

Today, a USMCA panel agreed with the United States that Canada is breaching its commitments under the United States-Mexico-Canada Agreement (USMCA) by administering dairy tariff-rate quotas unfairly in a way that harms American dairy producers. This is the first dispute settlement panel proceeding under USMCA.   Republican Leader on the House Ways and Means Committee Rep. Kevin Brady ...

Brady: Congress Must Remain United To Hold China Accountable for Human Rights Abuses, Unfair Trade Practices, Economic Coercion

December 14, 2021 — Blog

WASHINGTON, D.C. – Top Republican on the House Ways and Means Committee Kevin Brady (R-TX) today issued the following statement after the House passage of H.R. 6256, which will ensure that goods made with forced labor in the Xinjiang Uyghur Autonomous Region of the People's Republic of China do not enter the United States market: “It is vital that we stop the scourge of modern-day ...

IMF: U.S. Tied for Highest Level of Inflation Among Top 35 Developed Economies

December 14, 2021 — Blog

The United States is tied for the fastest rate of rising prices among 35 advanced economies according to the International Monetary Fund’s (IMF) own data.   Key Details: In early December, given “gross domestic product close to pre-pandemic trends, tight labor markets, and now broad-based inflationary pressures,” economists

The Average Family Has Lost About $377 A Month in Real Wages

December 03, 2021 — Blog

“Since early spring, in May, the average family has lost about $377 a month in real wages – disposable income under this President,” Republican Leader of the House Committee on Ways and Means Rep. Kevin Brady (R-TX) said speaking to Fox Business’s Larry Kudlow. “I would point out that while we are in a 30-year high over inflation, ...

LETTER to Ambassador Tai: How the U.S. Can Get WTO Reform Right at MC12

November 24, 2021 — Blog

With global trade at a critical crossroads, House Committee on Ways and Means Republican Leader Rep. Kevin Brady (R-TX) and Senate Committee on Finance Republican Leader Sen. Mike Crapo (R-ID) wrote to U.S. Trade Representative Katherine Tai calling for the United States to demonstrate leadership by pushing for strong outcomes in reforming the World Trade Organization (WTO) at the upcoming ...