[Congressional Record Volume 164, Number 120 (Tuesday, July 17, 2018)]
[House]
[Pages H6272-H6273]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                       TRADE ADJUSTMENT AUTHORITY

  (Mr. SCHNEIDER asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. SCHNEIDER. Mr. Speaker, President Trump's trade war is spiraling 
out of control and American workers and businesses are paying the 
price.
  Back home in Illinois, already more than $3.8 billion in exports have 
been targeted for retaliation. I have heard from numerous working 
companies hurting from this misguided approach. They are struggling 
with new, high costs and are now less able or less likely to hire or 
expand.

[[Page H6273]]

  Today, I am introducing legislation to help American businesses 
affected by the Trump tariffs. Trade Adjustment Assistance was created 
in 1962 to help U.S. workers and U.S. firms adapt to competition caused 
by changing trade policies. My bill would expand the Trade Adjustment 
Assistance for Firms to add reduced exports resulting from retaliatory 
tariffs as a qualifying factor for the TAA program.
  I also enthusiastically support similar legislation by my Democratic 
colleagues being introduced this week to provide similar assistance to 
impacted workers and farmers.
  President Trump needs to end this damaging trade war. Until he does, 
we need to provide relief to the businesses and workers who are 
adversely stuck with the consequences.
  I urge my colleagues to support this legislation.

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