Aug 1, 2025 | Press Releases

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement on the July 2025 jobs report and the Trump Administration’s sweeping new tariffs on 90 countries:

“While working families continue to feel the weight of rising costs, economic uncertainty, and a softening labor market, President Trump and Congressional Republicans are making matters worse at every turn. Overnight, the President announced sweeping tariffs on 90 countries, including many key trade allies. In yet another unconstitutional stunt, he’s raising prices on everything from food to medicine, fracturing our global relationships, and doing nothing to hold China accountable. If you can even call it a strategy, it’s one that has already proven to stunt small business investment and terrify the economy-at-large.

“It’s not just bad economics, it’s dangerous and corrupt. Trump is shaking down sovereign governments to serve his own political and financial interests, weakening our security partnerships, and protecting coup leaders by interfering in the judicial process. He is subverting democracy at home and destabilizing the world abroad, all while workers and families are stuck footing the bill.

“And with their signature legislation, there’s only more harm to come. Through higher health care costs, slashed benefits, and looming hospital closures, Trump is further rigging the economy in broad daylight. The American people didn’t ask for this. Hiring has stalled, prices are surging, and this administration is actively undermining the labor market Democrats rebuilt. This isn’t just a failure of Republican leadership, it will actively make life harder for the people.”

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