WASHINGTON, D.C., (February 27, 2020) – Today, spokesperson for Americans for Free Trade Jonathan Gold released the following statement regarding the House Ways and Means Committee hearing on U.S.-China Trade and Competition:
“Testimony at yesterday’s House Ways and Means Committee hearing reaffirmed what so many American businesses, farmers, consumers, and workers know to be true — tariffs are hurting our economy, killing American jobs, and creating uncertainty that hinders investment and economic growth. China must be held accountable for their unfair trade practices, but President Trump’s trade war and tariffs are not the solution. Just last week, White House economists confirmed that the trade war has depressed our economy. While the Phase One Deal is a step in the right direction, the administration must go further and negotiate a Phase Two Deal that completely lifts all tariffs.”