Washington, July 14 -- Congressman Richard E. Neal issued the following press release:
House Ways and Means Committee Ranking Member Richard E. Neal (D-MA) and Senate Finance Committee Ranking Member Ron Wyden (D-OR) announced their opposition to granting Donald Trump massive new tariff authority as part of the Sanctioning Russia Act, in a joint statement today.
"There is no question that the U.S. government must take stronger action against purchasers of Russian energy who are fueling the unjustifiable war against Ukraine. But the latest draft of the Sanctioning Russia Act is a prescription for bedlam and higher tariffs. It grants Trump authority to impose tariffs up to 100 percent on major trading partners and allies. Congress would no...