[Congressional Record Volume 171, Number 27 (Monday, February 10, 2025)]
[House]
[Pages H587-H588]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TARIFFS AND ALLIES OF THE UNITED STATES
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Connecticut (Mr. Courtney) for 5 minutes.
Mr. COURTNEY. Mr. Speaker, at the end of the first week of President
Trump's Presidency, he announced with great fanfare that he was
imposing 25 percent tariffs on our neighbors, Canada to the north and
Mexico to the south. The Wall Street Journal, hardly a Democratic
newspaper, described this effort as the dumbest trade war ever.
It was dumb because, number one, it violated the trade agreement that
President Trump himself signed into law in 2020, the United States-
Mexico-Canada Agreement. Again, tariffs like that are completely
violative of that agreement.
Number two, Canada and Mexico made it crystal clear that they would
retaliate with tariffs of their own aimed at U.S. businesses and
sectors of all sorts.
It is mostly dumb because it is going to raise prices for Americans,
which I think most of us in this Chamber who were on the ballot last
November can still remember that that was the number one issue that
Americans had.
It is going to raise prices not just because I am saying it. The
American
[[Page H588]]
Farm Bureau, which represents a cross-section of American food
producers all across the country, warned the minute that proposal came
out that it was going to raise the cost of fertilizer input costs that
was going to end up in the grocery stores in terms of higher prices.
American Home Builders, hardly a Democratic group, warned that those
tariffs were going to raise the costs of building materials, whether it
was wood or metal materials. That is going to translate into higher
prices for new homes, the last thing we need in the middle of a housing
crisis.
Predictably, February 1, the first day the markets were open, the
markets tanked in response to this proposal. Within hours, the
President engaged in a face-saving measure to delay those tariffs for
30 days. They are still out there and pending. We will see what
happens.
Yesterday, right before the Super Bowl, the President came out with
another proposal of a 25 percent tariff on steel and aluminum
indiscriminately across the globe to any and all countries who do
business with the United States of America.
I want to talk about one Nation in particular, Australia. I co-chair
the Friends of Australia Caucus. Today, the U.S. economy has a trade
surplus with Australia. We export more into Australia than they export
back to us. They have been a signatory with a free trade agreement with
no tariffs going back to 2002.
Again, as Secretary of Defense Hegseth stated yesterday at the
Pentagon, when he met with the Australia Deputy Prime Minister, our
alliance between our two countries, going back to World War I, is
probably the most deep and strong of any other Nation in the world.
At that meeting he was also there to receive word from the Australian
Government that they are making the first payment on AUKUS, the
Australia, U.K., and U.S. security agreement.
Australia is putting $500 million into the U.S. industrial base to
help our shipbuilding sector build more submarines, which is part of
the AUKUS deal. It is a total of $3 billion. Again, the first check was
delivered on Friday by the Australian Government for $500 million.
Two days later, what do we see? We see a 25 percent tariff on steel
and aluminum products coming from Australia into the U.S. at a time
when we have a surplus with Australia.
Australia is a key strategic ally for our country. They are
positioned in the Indo-Pacific at a place where, again, tensions are
sky-high. We need their input and their help in terms of making sure
that we are going to rebalance that security environment and protect
the rule of law in the Indo-Pacific.
Instead, what we are seeing is a completely needless insult to the
people of Australia by raising tariffs on Australian products coming
into this country at the same time we are working with them and they
are buying three nuclear submarines, cash on the barrelhead, full
price, no gimme, no giveaway.
Again, by all the measurements that President Trump talks about trade
issues and that we are being ripped off by other countries, in this
case every one of those arguments fails. The Friends of Australia
Caucus is a strong bipartisan caucus that actually understands the
importance of Australia.
Again, we will do everything we can to make sure that this
administration changes course and treats our friends and our allies
with the respect that they deserve in terms of the contributions that
they are making to their national security in a critical part of the
world and our national security.
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