AFT Statement Following Senate Passage of CHIPS and Science Act of 2022

WASHINGTON, D.C., (July 27, 2022) — Americans for Free Trade (AFT) spokesperson Jonathan Gold released the below statement following the Senate’s passage of the CHIPS and Science Act of 2022

“Congress has missed an opportunity to help the countless businesses, farmers, manufacturers, and consumers who continue to be harmed by the China 301 tariffs. We had hoped to see the passage of a China competition bill that included language to reinvigorate the tariffs exclusion process to provide needed tariff relief. Inaction is only making the situation worse, and we continue to call on policymakers to relieve the burden these tariffs have imposed since the start of the trade war. These tariffs are taxes that raise the prices of the goods Americans need most at a time they can least afford it, and the time to act is now.”