Shapiro Hails Senate Trade Bill as 'Tool' to Fight Trump’s ‘Failing Tariff Strategy’
CTA views the Trade Security Act introduced last month in the Senate as a "tool" to fight President Donald Trump’s “failing tariff strategy,” said CEO Gary Shapiro Wednesday. Sen. Rob Portman, R-Ohio, introduced S-3329 with three co-sponsors to boost congressional…
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oversight of the Trade Expansion Act Section 232 tariff process and require the Defense Department rather than the commerce secretary to justify Section 232 duties on national-security grounds. Congress has “limited tools” to dispute Trump's “unfounded” national-security claims as the basis to levy Section 232 tariffs on steel and aluminum “that are hurting American business and consumers,” said Shapiro. Portman is “uniquely qualified” as a former U.S. trade representative “to address targeted reforms that set clear guidelines on the president's misuse of his authority pertaining to trade," said Shapiro. Portman was USTR for a year beginning in May 2005 under President George W. Bush.