Toomey: Trump-Biden Tariffs Causing Massive Economic Harm

U.S. Senator Pat Toomey (R-Pa.) spoke on the Senate floor yesterday about the executive branch’s latest planned abuse of Section 232 of the Trade Expansion Act of 1962 to unilaterally impose taxes on Americans.

After explaining the immense, ongoing economic harm caused by the Trump-Biden tariffs on steel and aluminum imports, Senator Toomey criticized the U.S. Trade Representative’s preliminary proposal to implement a “carbon tariff” regime that would use the threat of ultra-high tariffs—possibly as high as 70 percent—to coerce countries into enacting radical climate policies.

Senator Toomey emphasized that the proposed agreement is an overreach of executive authority under Section 232 that will compound the harm inflicted by the current tariffs. He also warned that these actions set an alarming precedent with no limiting factor on future abuse, and he urged Congress to rein in the executive branch.

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