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Neal Statement on Trump's Trade War

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement lambasting Trump’s Trade War: 

“It’s only taken the president 43 days to wreak havoc on our economy and the American people. The outlook for economic growth has plummeted into the negative, consumer sentiment has plunged, and small businesses and farmers from coast-to-coast fear what’s to come with his trade war. Warnings of higher costs are already pouring in, and for what? Senseless posturing to fuel the president’s ego.

“I don’t see how this leads to anything but higher prices for the American people. Trump is treating our allies like enemies, weakening our own national security, and putting American jobs at risk. His accomplices, House Republicans, have sold out their constituents with their silence on this scheme.

“No amount of delusion makes the math work for Trump’s Trade War to responsibly fund Republican handouts to billionaires, but the American people are sure to notice the pain he’s inflicting on their wallets.”

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