More on Trade
For the first time since 2000, there are more job openings than there are people looking for jobs. Across the Third District, Iowans are seeing bigger paychecks as a result of tax relief signed into law last year. Nationally, 90 percent of workers are taking home more money than they were before the Tax Cuts and Jobs Act was signed into law.
Iowa Congressman David Young led Iowa's Congressional delegation on a letter to President Donald J. Trump expressing their continued concerns retaliatory tariffs will harm Iowa's farmers and asked the President to act expeditiously to save Iowa's rural economy.
Iowa has the best workers who produce high quality products shipped around the world. In 2016, Iowans shipped over $12 billion worth of products to other countries.
As I travel to each county every month, I have the opportunity to tour the farms, manufacturers, processing facilities, and other businesses where these products are made. I am always impressed with the ingenuity and hard work I see from the folks at each stop.
Iowa Congressman David Young and Wisconsin Congressman Ron Kind today sent a bipartisan letter to Thailand's Ambassador to the United States Virachai Plasai calling for Thailand to remove its unfair restrictions on American goods, specifically pork. The letter, signed by 44 members of Congress, says Congress may take action to suspend or completely end Thailand's trade benefits under the Generalized System of Preferences if their restrictions on imports of American farm products are not lifted.
Iowans and Americans across the country are optimistic about the economy. Large and small businesses are giving bonuses to workers, expanding their operations with new workers, and upgrading their equipment. While we continue to make great strides, more must be done to help our farmers and agriculture community.
About every five years Congress considers a new Farm Bill – legislation shaping our nation’s agriculture policy. The current Farm Bill expires this year, giving us a chance to renew and reevaluate our farms programs.
Iowa Congressman David Young pressed Agriculture Secretary Sonny Perdue on the administration's position on trade and expressed his frustration with the EPA issuing hardship waivers to companies who clearly are not experiencing a hardship. The questioning came during a hearing of the Appropriations Subcommittee on Agriculture Wednesday.
Secretary Perdue indicated his support of more trade agreements saying he told the President to "go get a better deal."
As published in The Des Moines Register on March 15:
Our economy is headed in the right direction. In 2017’s last quarter, the economy grew at 2.5 percent. Private-sector jobs defied expectations and grew by 313,000 in February. The national unemployment rate of 4.1 percent is at a 17-year low. Consumer confidence is the highest since 2000 and wages are up 2.6 percent compared with a year ago.
Today, Iowa Congressman David Young and U.S. Senator Joni Ernst along with U.S. Senator Chuck Grassley and Congressmen Steve King, Dave Loebsack, and Rod Blum sent a letter to President Trump urging him not to impose tariffs on imported steel and aluminum that could harm Iowa’s farmers and manufacturers.
Iowa Congressman David Young today pressed Treasury Secretary Steven Mnuchin on the administration's proposed tariffs on steel and aluminum during a Financial Services and General Government Appropriations Subcommittee Hearing.
Iowa Congressman David Young issued the following statement on President Trump's proposed tariffs on steel and aluminum:
"Tariffs are taxes on Iowans and I oppose President Trump's move to impose tariffs on imported steel and aluminum. This action will hurt American employers, workers, and consumers and blunt the positive economic effects of the new tax relief law. The last thing we need is a trade war and this action will likely lead to retaliation."