SC Nebraska News

Washington, DC — Ways and Means Trade Subcommittee Chairman Adrian Smith has made a public statement in response to President Trump's decision to implement a temporary change in tariff policies. The President announced a 90-day pause on reciprocal tariffs. This modification lowers the tariff rates to 10 percent for some trading partners while increasing the rates for China.

Adrian Smith remarked on the development, "The president’s announcement is a step forward in the negotiation process." He emphasized the interest of American producers, manufacturers, and service providers in gaining better market access for their products. Smith noted that several trading partners are open to working with the administration to reduce tariff and non-tariff barriers, attributing their willingness to President Trump's negotiations aimed at creating a more balanced trade environment.

Chairman Smith expressed his ongoing support for the President and the administration, urging them, along with international trading partners, to tackle these issues and forge enforceable trade agreements promptly. He concluded that the goal is to stimulate economic growth through robust and fair trade practices.