From Senators Mark Warner and Tim Kaine:
WARNER & KAINE SLAM TRUMP ADMINISTRATION DECISION TO INCREASE TARIFFS ON MEXICAN IMPORTS
~ The increased tariffs would be paid by Virginia families and could result in retaliatory tariffs on Virginia products ~
WASHINGTON – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) released the following statement following President Trump’s announcement that, beginning on June 10, the U.S. will impose a 5 percent tariff on Mexican imports. According to the Trump Administration, if Mexico does not stop immigrants from crossing the Southwest border, tariffs could incrementally increase to 25 percent by October 1 and remain at that level until the migration stops.
“President Trump’s escalating trade war will force families to pay more on everyday items and put 133,000 trade-supported Virginia jobs at risk. What this Administration fails to understand is that, just as Trump’s family separation policy failed, hiking tariffs on Mexico won’t deter families escaping violence and instability in their native countries from crossing our border,” said the Senators. “Last year, Virginians saw the impact of retaliatory tariffs imposed by Mexico after this Administration imposed damaging steel and aluminum tariffs. Mexico continues to be an important trade partner for the Commonwealth, and strong-arming our allies will only hurt Virginians without solving our immigration challenges.”
Mexico is Virginia’s sixth-largest overall agricultural export market, according to the Virginia Department of Agriculture and Consumer Services (VDACS). In 2018, Mexico purchased more than $111 million in Virginia exports – a 3 percent decrease from 2017, a decline attributable in part to reckless trade and tariff Trump Administration policies. To ease the burden on Virginia businesses, manufacturers and consumers, Sen. Warner introduced and Sen. Kaine cosponsored bipartisan legislation that would restore Congress’ constitutional trade responsibilities. Sen. Kaine has also introduced legislation to limit the Trump Administration’s ability to levy tariffs without Congress.
Sens. Warner and Kaine have been vocal about the economic effect of the Trump Administration’s haphazard approach on tariffs. In April, the Senators slammed President Trump after threatening – and later walking back – his threat to close the U.S.-Mexico border. To tackle the root causes of migration, the Senatorsintroduced legislation to provide a coordinated response to the humanitarian crisis in the Northern Triangle countries that have forced families to seek refuge in the U.S. They have also urged the Trump Administration to reverse its plan to cut national security funding to El Salvador, Guatemala, and Honduras.