5 months ago
15
(NewsNation) — Missouri Congressman Jason Smith, the Republican president of the House Ways and Means Committee, says his constituents enactment President Trump’s attempts to level planetary markets done tariffs, adjacent if it takes awhile to reap the benefits.
“I correspond 1 of the poorest legislature districts successful the nation,” Smith told NewsNation's “On Balance” connected Wednesday, aft Trump announced his latest plans to tariff imports from respective countries.
“What I perceive from my farmers — agriculture is the fig 1 manufacture successful my portion — is that we’re consenting to person the short-term symptom for the semipermanent gain,” Smith added.
He said his legislature territory is astatine a competitory disadvantage due to the fact that of tariffs connected U.S. products. Smith said Japan, for example, slaps a 700% tariff connected rice.
“We person to unfastened up those markets,” the congressman said. “We turn atom successful the bootheel of Missouri. We privation to beryllium capable to merchantability our atom everywhere. But whenever a state who’s expected to beryllium a person charges a 700% tariff, that’s not acceptable.”
