ICYMI: On Bloomberg TV’s Balance of Power, Shaheen Details Her Senate Floor Effort to Block Trump Tariff Taxes from Taking Effect, Highlights Trade War Harms to Families and Businesses

(Washington, DC) – U.S. Senator Jeanne Shaheen (D-NH),Ranking Member of the U.S. Senate Foreign Relations Committee and a top member of the U.S. Senate Small Business Committee,joined Bloomberg TV’sBalance of Powerlast night to discuss herSenate floor effortto block President Trump’s tariffs from taking effect on August 1 andlead her colleaguesin detailing the real harm the Administration’s trade war causes to American families and businesses. Shaheen relayed the concerns she heard from Granite State small businesses during recent visits about the high costs, uncertainty and supply chain challenges posed by the President’s trade war.
ClickHEREto watch Senator Shaheen’s full interview.
Key quotes from Senator Shaheen:
Following the interview, Shaheen took to the Senate floor to call for unanimous consent to pass herProtecting Americans from Tax Hikes on Imported Goods Actand highlight the devastating impacts the trade war has on families, small businesses, American manufacturing and key trade partnerships across the world. If Senate Republicans had not blocked the move, Shaheen’s legislation would haveclarified that the President does not have the authorityto invoke theInternational Emergency Economic Powers Act(IEEPA)to level sweeping tariffs.
ClickHEREto watch Shaheen’s remarks in full.
Senator Shaheen is helpinglead effortsin Congress to mitigate the harmful impacts of President Trump's tariffs. Last week, Shaheenhelped introduce bipartisan legislation,Creating Access to Necessary American-Canadian Duty Adjustments (CANADA) Act, that would exempt United States-owned small businesses from the sweeping tariffs imposed on Canadian products. Last month, Shaheen led 30 Senators infiling an amicus briefin a key case, Oregon v. Department of Homeland Security, challenging the Trump Administration’s abuse of emergency powers to impose tariffs. In January, Shaheen introduced theProtecting Americans from Tax Hikes on Imported Goods Act.
In recent months, Shaheen has traveled across the Granite State to discuss the impact of tariffs on New Hampshire’stourism industryand to visit businesses impacted by President Trump’s trade war includingBrueckner Group USA,Colby Footwear,Chatila’s Bakery,C&J,DCI Furniture, Mount Cabot Maple,American Calan Inc.andNH Ball Bearings.

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