Club for Growth Joins Coalition Urging President Trump to Include the Cruz-Daines-Gardner Competitiveness Chapter in NAFTA Renegotiation
Rachael Slobodien - April 06th, 2018
This week Club for Growth joined conservative allies in sending a letter to President Trump urging him to include the REINS Act within the Competitiveness Chapter of NAFTA renegotiations.
The letter explains, “We write in appreciation of the remarkable pro-growth deregulatory accomplishments of your administration and to urge you to make those accomplishments permanent by including the competitiveness chapter proposed by Senators Cruz, Daines, and Gardner in the renegotiated North American Free Trade Agreement (NAFTA)….”
The groups go on to note, “ We specifically urge inclusion in the competitiveness chapter of the Regulations from the Executive in Need of Scrutiny (REINS) Act, which would require costly new regulations to be individually approved by Congress before they could take effect.” The letter along with a complete list of signatories can be viewed here.
CFG on TV: Andy Roth joins Fox Business to Discuss the Latest on Tariffs with China and the Omnibus Spending Bill
Stacy French - March 27th, 2018
Andy Roth, VP of Gov’t Affairs at Club for Growth, joins After the Bell to discuss the latest on tariffs with China and the omnibus spending bill.
Andrew Roth - March 06th, 2018
March 6, 2018
The Honorable Donald J. Trump
President of the United States
The White House
1600 Pennsylvania Ave NW
Washington, DC 20500
Dear Mr. President:
On behalf of the undersigned groups representing millions of taxpayers and consumers across the country, we urge you to reconsider the tariffs on aluminum and steel announced on March 1, 2018. We appreciate your work cutting taxes and promoting America, but tariffs on aluminum and steel will be a tax on the Middle Class with everything from cars to baseball bats to even beer being more expensive.
Free trade is an integral foundation for any economy seeking growth, innovation, and expanded opportunity. Not only is free trade good for the U.S. economy, it is also good for the American taxpayer.
As President, you pledged to put America and American jobs first. But imposing tariffs would be bad for the economy and bad for American workers. U.S. manufacturers that consume steel employ an estimated 40 to 60 times more U.S. workers than do steel producing facilities. This tax hike would put these jobs at risk. In fact, when George W Bush increased tariffs on steel, 200,000 jobs were lost as a direct result.
If the U.S. government develops a fortress mentality in a global marketplace, it will spur trading partners to treat U.S. products in the same manner. If foreign governments imitate the U.S. government’s use of tariffs, U.S. exports of manufactured goods could decline. Nothing is more important to long-term U.S. prosperity than being able to sell America’s exceptional products in markets that 95 percent of the world’s population call home.
In December, you signed into law the most significant tax reform in more than 30 years. These tax cuts will revolutionize the US economy, create new jobs and increase living standards throughout the country. This new tariff proposal puts all of that at risk. A new tax on steel and aluminum will cost jobs, increase costs to consumers, and force businesses to go overseas. We strongly urge you to reconsider this proposal.
Taxpayers Protection Alliance
American Consumer Institute
Lisa B. Nelson
American Legislative Exchange Council
Ashley N. Varner
President & CEO
Campaign for Liberty
Andrew F. Quinlan
Center for Freedom and Prosperity
Center for Individual Freedom
Vice President for Strategy
Competitive Enterprise Institute
Consumer Action for a Strong Economy
Consumer Choice Center
Club for Growth
Doug Sachtleben - February 15th, 2017
From the Wall Street Journal, 2/13/2017
Retaliation could cause inflation to surge and cut demand for U.S. goods
Doug Sachtleben - January 05th, 2017
By David McIntosh
When the President-elect takes to Twitter to threaten a major American company with a “big border tax,” as he did again on Tuesday, Americans are the real losers. First, it is working families who would pay the Big Tax. Second, the fact that the future leader of the free world is signaling out a private employer for a campaign of berating criticism means that everyone is in jeopardy.
American companies already face the highest corporate tax rate in the industrialized world at 35%. Forty-four states levy an additional corporate income tax. Those high taxes are passed along to consumers as the price of doing business.
If the President-elect follows through on his threats, those costs will soar even higher. In fact, here’s exactly what happens when Washington imposes tariffs on imports coming into the country:
1. The price of the imported product rises. A tariff is a hidden tax that’s passed along to buyers. Tariffs are often in double digits so they hurt everyone from consumers buying new electronic gadgets to businesses that are importing raw materials for products finished here.