Club for Growth Backs House Leadership’s Warning Against Tariffs

Doug Sachtleben - December 05th, 2016

“Tax cuts and deregulation will make the American economy great again, but tariffs and trade wars will make it tank again.”

 Washington, DC – Club for Growth president David McIntosh released the following statement in response to published reports that “House Majority Leader Kevin McCarthy refused to back President-elect Donald Trump’s push for a 35-percent tariff on companies that move operations abroad…”:

“Tax cuts and deregulation will make the American economy great again, but tariffs and trade wars will make it tank again,” said Club for Growth president David McIntosh. “The president-elect is spot on when he calls for cutting taxes and federal regulations, but 35-percent tariffs would be devastating to consumers and businesses. The Majority Leader is right to caution against protectionism and to urge a robust debate on free markets and trade.”