As Tariffs on Chinese Products Pile On, McCaskill Stands Up for Missouri Businesses Asking, Where’s the Relief?
Senator highlights Missouri businesses harmed by $200 billion tariffs on Chinese goods
WASHINGTON – Following the latest round of $200 billion in tariffs on goods from China, U.S. Senator Claire McCaskill highlighted seven Missouri companies that have been harmed in calling for the Administration to provide relief from increased costs through tariff exclusions. Currently, there is no process for Missouri businesses to apply for relief through a tariff exemption to the most recent round of $200 billion in tariffs on Chinese goods.
McCaskill highlights concerns from Missouri businesses harmed by the latest round of tariffs, including: Albaugh of St. Joseph, Anji Mountain of Maryland Heights, Cap America of Fredericktown, Lowe Boats of Lebanon, Midland Radio Corporation of Kansas City, Midwest Gloves & Gear of Chillicothe, and Real Wood Floors of West Plains.
“The goods subject to tariffs include thousands of ordinary imports purchased every day by businesses and consumers in Missouri,” wrote McCaskill to U.S. Trade Representative (USTR) Robert Lighthizer. “Without an exclusion process, [the office of the U.S. Trade Representative] is causing severe damage without providing any opportunity to mitigate the unnecessary economic harm.”
Highlighting that the Administration implemented a tariff exemption process for businesses on the first and second round of tariffs on Chinese goods, but has failed to do the same on the latest round, McCaskill’s letter continues, “This same situation was true for the List One and List Two, which made up the first $50 billion in imports targeted for tariffs. It remains true for the most recent $200 billion in imports.”
McCaskill spoke out on the implementation of the latest $200 billion in tariffs on Chinese goods, saying, “This trade war has already cost Missouri jobs and hurt our farmers and ranchers—I don’t understand why we’d dramatically escalate it.”
McCaskill has been a strong advocate on behalf of Missouri businesses and workers in the face of the ongoing trade war. McCaskill worked across the aisle to bring greater Congressional oversight to tariff decisions and the tariff exclusion process, and recently questioned the Administration’s management of the tariff exclusion process, citing concerns from Missouri companies that they received insufficient guidance when applying for exclusions from steel and aluminum tariffs.
Last month, McCaskill sent a letter to the Secretary of Commerce to relay the concerns of Missouri manufacturing and agriculture leaders raised during a Senate Homeland Security and Governmental Affairs Committee roundtable that she chaired in St. Louis. In June, McCaskill toured Mid Continent Nail Corporation, the largest U.S. producer of steel nails, which was forced to reduce its workforce by more than 30 percent and may be forced to close its Poplar Bluff operations while it waits for the Department of Commerce to decide on a tariff exclusion request because of soaring costs and canceled sales resulting from the tariffs that the Administration placed on the wire that the company uses to produce nails.
Full text of letter HERE.