Trade
More on Trade
When the United States-Mexico-Canada Agreement (USMCA) was approved by Congress and signed into law by President Trump in 2020, it received widespread bipartisan support. The USMCA was a historic achievement for trade relations between the U.S.
Washington, D.C. – Today, Rep. Adrian Smith (R-NE) was named Chairman of the Trade Subcommittee of the House Ways and Means Committee. Smith released the following statement:
This week, we officially gaveled in the 118th Congress. With Kevin McCarthy as Speaker of the House, I know House Republicans will deliver on our Commitment to America to restore a government that’s accountable, a nation that’s safe, an economy that’s strong, and a future that’s free.
Christmas is going to look different for many Americans because of ongoing supply chain challenges and soaring inflation. We have seen shortages of items such as appliances, jewelry, electronics, holiday food items such as turkey, and even Christmas lights and trees.
Washington, D.C. – Today, Reps. Adrian Smith (R-NE) and Dan Kildee (D-MI) led members of the powerful House Ways and Means Committee in a letter to United States Trade Representative Katherine Tai.
As many of you know, this harvest season has been a tough one for Third District farmers. Arid conditions across Nebraska contributed to an expedited harvest completion and severely diminished yields. Ongoing drought has taken its toll, and yields for crops such as corn, soybeans, sugar beets, and sorghum are expected to be down significantly from last year.
This week I participated in a Ways and Means Committee hearing on the future of our trade relationship with Taiwan. The hearing explored opportunities provided by ongoing trade talks between the U.S. and Taiwan. In the midst of increased pressure from China through dialed-up military exercises and heavier tariffs, Taiwan is eager to strengthen ties with the U.S. and our democratic values.
Washington, D.C. – Rep. Adrian Smith (R-NE), Lead Republican of the House Ways and Means Committee's Trade Subcommittee, released the following statement on enactment of the Formula Act, Smith's bipartisan legislation to temporarily suspend tariffs on FDA-approved infant formula:
As Vladimir Putin's invasion of Ukraine continues with no end in sight, it is as important as ever for the U.S. to strengthen our ties with allies in the region. Standing in solidarity with states at risk of Russian aggression requires us to send a clear message we are working on behalf of the friends of freedom and economic prosperity.