Category: Americas

US Senate News:

Source: United States Senator for New Hampshire Jeanne Shaheen
**Shaheen’s bill would have limited impact of Canada and Mexico tariffs on American consumers and businesses**
(Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH), Ranking Member of the U.S. Senate Foreign Relations Committee and a top member of the U.S. Senate Committee on Small Business and Entrepreneurship, took to the Senate floor today to call for unanimous consent to pass her legislation—the Protecting Americans from Tax Hikes on Imported Goods Act. If Republicans had not blocked passage, Shaheen’s bill would have shielded American consumers and businesses from rising prices and higher taxes caused by President Trump’s tariffs on Canada, New Hampshire’s largest trading partner, and Mexico. Her legislation would keep costs down for imported goods by limiting the authority under the International Emergency Economic Powers Act (IEEPA)—which allows a President to immediately place unlimited tariffs after declaring a national emergency—while preserving IEEPA’s use for sanctions and other tools. Click here to watch Shaheen’s remarks in full.  
Key quotes from Senator Shaheen: 
“Trump’s tariffs will make everything—from gas to heating to groceries to lumber and more—more expensive for everyday Americans. And I think it bears repeating that tariffs are paid by consumers. They’re paid by Americans, not by other countries. And what the President is doing amounts to a new tax for Americans.” 
“There are countless other imports that American businesses and families rely on that are going to be hit hard. And these tariffs do nothing to bring down those costs. They do just the opposite. These tariffs could add $1,200 to an average household’s yearly costs – and we won’t have to wait very long for the impact to be felt.” 
“Businesses plan months, quarters or years in advance. They need to place orders and plot out their growth in order to succeed. How can they plan when they can’t even know whether their costs are going to go up 25% overnight?”
“[My bill] would stop these tariff taxes on goods and energy coming from Canada and Mexico – and it would give businesses and families more certainty to plan for the future and keep more of their hard-earned dollars in their own pockets.” 
Full Remarks as Delivered 
I come to the floor today because I am concerned about President Trump’s actions to, I believe, start a trade war with our top two trading partners, Canada and Mexico. All goods coming from Canada and Mexico. As of midnight last night, I guess midnight today, face a 25% tax. 
That is all except Canadian energy, which is taxed at 10%. Trump’s tariffs will make everything, from gas to heating to groceries to lumber and more, more expensive for everyday Americans. And I think it bears repeating that tariffs are paid by consumers. They’re paid by Americans, not by other countries. And what the president is doing amounts to a new tax for Americans.  
For example, heating oil and propane that keeps hundreds of thousands of Granite Staters warm in the winter is going to cost more. We’re going to add about $150 to $250 to the cost of heating homes in New Hampshire. And gas prices are going to go up. In New Hampshire, half of the fuel in our cars and trucks comes from Canada, and U.S. refineries across the Midwest use Canadian oil. The U.S. imports 80% of its potash fertilizer from Canada, and this tariff makes farming and food more expensive. 
It’s unclear how the American auto industry is going to continue to operate. Ford’s CEO said these tariffs will, and I quote, “blow a hole in the U.S. industry that we have never seen, with up to $12,000 added to the cost of the car.” And this will make lumber and electrical equipment that we need to build housing at a time when housing is already in short supply. It will make them more expensive and harder to find.  
Those are just a few examples. There are countless other imports that American businesses and families rely on that are going to be hit hard. And these tariffs do nothing to bring down those costs. They do just the opposite. These tariffs could add $1,200 to an average household’s yearly costs. 
And we won’t have to wait very long for the impact to be felt. It’s already being felt on Wall Street and the stock market. Target’s CEO said this morning that the consumer and I quote, “will likely see price increases over the next couple of days.” And for small businesses, these tariff taxes will be felt by small businesses in all of our states. 
I was here a month ago today sharing stories from business owners in New Hampshire who weren’t sure how they were going to keep operating if specialized machinery that they can only get from Canada suddenly costs 25% more. And since that time, I’ve heard from even more people in New Hampshire, more small businesses.  
Last week I heard from a small company in Windham, New Hampshire. It makes allergen free cookies, and they can only get certain ingredients for those cookies from Canada. The CEO built her business, which now employs 30 people, and now she can’t be sure if they’re even going to be able to keep going, let alone keep growing.  
When I spoke with business representatives across New Hampshire last month, the theme they kept coming back to was uncertainty. 
As a former small business owner, I know that uncertainty is the most destabilizing aspect of running and growing a business. Yet that’s what this administration keeps creating. Yesterday, we learned that new orders from manufacturers dropped in February for the first time in 22 years. For the first time in 22 years, new orders from manufacturers dropped because companies can’t work with this level of uncertainty. 
Last Wednesday, the president was talking about Canadian tariffs going into effect April 2nd. The very next morning, he announced 25% tariffs would go into effect today. The whiplash is hard to imagine.  
I spoke last month about a bus company, C&J Bus Lines in New Hampshire, that was worried about these tariffs and what it would mean for their bottom line. 
Well, the CEO moved up his delivery date to get three busses in late March before these taxes were set to go into effect. But his costs just went up more than $450,000.  
Businesses plan months, quarters or years in advance. They need to place orders and plot out their growth in order to succeed. How can they plan when they can’t even know whether their costs are going to go up 25% overnight? 
How can a developer know if they can start building the housing that New Hampshire desperately needs if their lumber costs 25% more overnight?  
And how can a family already struggling with high costs continue to pay the rent or put food on the table if their household costs are going to go up $1,200 this year?  
I want families and businesses to know that the whims of this president are not going to cause them to break the bank on everyday items they need to get by. 
That’s why I introduced the Protecting Americans from Tax Hikes on Imported Goods Act. It’s a simple change, really. It says that the International Emergency Economic Powers Act, IEEPA, can no longer be used to place taxes on imports. If the president needs to block some dangerous product, he still can. But if there’s a real threat, we’d want to stop it, not just add a tariff tax. 
That’s what my bill does. It would stop these tariffs on goods and energy coming from Canada and Mexico, and it would give businesses and families more certainty to plan for the future and to keep their hard-earned dollars in their pockets.  
So, Madam President, I ask unanimous consent that the Committee on Banking, Housing and Urban Affairs be discharged from further consideration of S. 151 and that the Senate proceed to its immediate consideration, that the bill be considered read a third time and passed, and the motion to reconsider be considered made and laid upon the table. 
Last month, Shaheen introduced the Protecting Americans from Tax Hikes on Imported Goods Act with U.S. Senators Ron Wyden (D-OR) and Tim Kaine (D-VA) to keep costs down for imported goods by limiting the authority under the International Emergency Economic Powers Act (IEEPA)—which allows a President to immediately place unlimited tariffs after declaring a national emergency—while preserving IEEPA’s use for sanctions and other tools.   
The authorities granted to the President through the IEEPA represent the broadest of the possible paths an administration can take to impose sweeping tariffs. The Protecting Americans from Tax Hikes on Imported Goods Act clarifies that the IEEPA may not be used to increase costs on American consumers and families by placing tariffs or tariff-rate quotas on imported goods. The legislation would preserve crucial national security tools granted to the President through the IEEPA authority to impose sanctions or to block all imports of goods that are dangerous to national security and would preserve the ability to push back on unfair trade practices of the People’s Republic of China.   

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