Hill’s Response to President Trump’s Aluminum and Steel Tariffs Announcement
Washington,
March 8, 2018
Congressman French Hill (AR-02) made the following statement in response to President Donald Trump’s announcement on the implementation of tariffs on aluminum and steel: “While I respect President Trump’s decision to protect American interests, I remain concerned with the unintended consequences that these tariffs on aluminum and steel will have – especially on Arkansas’s workers and employers. Tokusen U.S.A. in Conway, Arkansas, a company primarily in the business of manufacturing steel tire cord, could be negatively impacted by these across-the-board tariffs, and said the result would be ‘catastrophic’ for their business. Tariffs are a blunt instrument that should be used in only targeted ways on specific countries and products. Steel tariffs didn’t work when President Bush implemented them in 2002 or when President Obama proposed them on tires in 2009. I regret President Trump’s decision to implement these tariffs, because as recent history has shown us, they could ultimately backfire and hurt American workers and consumers.” |