US Lawmaker demands end of steel, aluminum tariffs as price for USMCA trade deal approval

💻Jk News info 📰

Washington, Apr 30 (Sputnik) The recently negotiated trade agreement between the United States, Mexico and Canada – known by the acronym USMCA – will die in the US Congress unless President Donald Trump first removes tariffs on steel and aluminum from the two US neighbors, Senate Finance Committee Chairman Chuck Grassley warned in an op-ed article on Monday.
“If these tariffs aren’t lifted, USMCA is dead,” Grassley wrote on the Wall Street Journal opinion pages. “There is no appetite in Congress to debate USMCA with these tariffs in place.”
Grassley praised the USMCA as a good agreement for the environment, for workers, for jobs and for nearly every sector of the US economy, but he warned that many Americans have been harmed by Mexican and Canadian tariffs imposed in retaliation for the US steel and aluminum levies.
As an example, Grassley cited agricultural tariffs on hog farmers in his home state of Iowa that continue to damage communities with lost jobs and reduced wages.
As chair of the Finance Committee, Grassley is in charge of legislation in the Senate that will be needed ? along with companion legislation in the House of Representatives – to approve trade agreement.
(AGENCIES)

The post US Lawmaker demands end of steel, aluminum tariffs as price for USMCA trade deal approval appeared first on Jammu Kashmir Latest News | Tourism | Breaking News J&K.



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