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Nathaniel Moran Applauds Trump’s Tariffs As A ‘Worthy Reset’ To Achieve Trade Reciprocity
Forbes Breaking News
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4/24/2025
During a House Ways and Means Committee hearing prior to the congressional recess, Rep. Nathaniel Moran (R-TX) spoke of his support for President Trump’s trade policies.
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00:00
Thank you Mr. Chairman. Ambassador Greer thank you for your time today. Sincerely
00:05
appreciate you coming down to answer questions during this week. I know your
00:08
time is busy. I want you to know that I support President Trump's effort to
00:13
achieve trade reciprocity and equal treatment for the United States on the
00:17
world economic stage with those countries that are strategically aligned
00:21
with the U.S. As a short-term negotiation strategy I am hopeful that the current
00:27
tactics of the administration will restore trade disparities and imbalances
00:31
around the world to induce our friends and allies around the world to reduce or
00:35
eliminate their tariffs on the U.S. and eliminate anti-American non-tariff trade
00:40
barriers like quotas subsidies sanctions unreasonable regulatory restrictions that
00:45
are there on against and on American products not to mention currency
00:49
manipulation and intellectual property theft issues if President Trump is able to
00:54
achieve this worthy reset it will have a material long-term benefit for the
00:59
American economy and the American worker I'm confident about that I'm confident
01:04
that his strong leadership can achieve these results using this tool but I do
01:08
think it's also important for you to hear from me that I urge caution and
01:12
express my hesitation on the use of tariffs as a long-term economic strategy
01:17
rather than a short-term negotiation strategy in my opinion for your trade
01:21
practices traditionally have helped spur economic growth technology innovation
01:27
and cooperation of economies free trade also helps to keep consumer prices lower
01:33
in my opinion I want to come back to and visit this idea of China because I
01:39
think China really is the big problem here when we're looking out on the world
01:43
stage I was glad to see that we even went up today from 104 to 125 percent on the
01:48
tariffs according to the the tweet that was put out just a little bit ago and China
01:52
I think needs to be our our focus on where we where we put our efforts in the
01:58
next few few months the de minimis rule is $800 or was before the recent
02:04
executive order I want the American people to understand I would love for you to
02:07
explain how the China friendly de minimis rule was helping China companies
02:12
undercut American companies before the president's April 2nd executive order went into
02:17
place certainly so just to lay it out the de minimis exemption is it's a
02:24
provision of law that allows goods to come in if they're valued under $800 they
02:29
can come in duty-free and we have a lot of Chinese companies that have leveraged
02:34
this to avoid tariffs right we have high tariffs on China for very good reasons
02:38
and they have used this this law to bring in these goods we have also heard that
02:44
this has been used because there's little scrutiny of these packages they
02:48
can be used to include you know illicit substances counterfeit products things
02:53
that harm you know u.s. u.s. people but also u.s. companies and so it's been a
02:58
loophole and so that's one of the reasons why I know there's been bipartisan
03:03
movement Congress to deal with it why the president was comfortable moving
03:06
forward with that as well yeah and I think the American people don't realize
03:10
what a big loophole that has been over the past four years and how devastating
03:14
that has been to a number of American businesses to have China unfairly
03:18
compete under that de minimis rule so I applaud the president including that in
03:22
his executive order and I hope we eliminate that altogether moving forward I
03:26
also want to talk to you about the fact that China is involved in a worldwide
03:30
illegal and unregulated fishing around the world is the is the president's team is
03:35
the administration looking at helping to stop the illegal and unregulated fishing
03:40
that's occurring across the globe by China yes that's you know I have an office at
03:47
at USTR that deals with environmental type issues and they're very focused on
03:51
this particular issue of fishing it's something we're looking at we're working
03:55
you know there are folks in the Senate too are very concerned about this you
03:58
know we currently have now tariffs on China so that at least creates a
04:01
deterrent from having that in our market but it's a broader issue that we
04:05
should deal with yeah it not only hurts American fishing but it actually
04:09
undercuts particularly the global south from being able to have a revival of
04:14
their economies in their fishing waters which makes them more dependent on China
04:20
as they as China comes in and invades effectively the global south as you know
04:25
the US moving on to a different topic the US has now imposed as of today 125%
04:31
important tariff on China China hasn't indicated that they're really willing to
04:36
come to the table yet I was glad to see that all these other countries have come
04:40
to the table I think that's because of the strength the president's leadership is
04:43
showing across the world stage that he means business that we're gonna have a
04:47
reset where American businesses are not taking advantage of but what is the
04:51
administration planning to do to make China come to the table and actually
04:55
engage in free freer trade or fairer trade and cut out these unfair trade
05:00
practices well China doesn't believe in in in free trade or fair trade for that
05:05
matter you know we had an agreement with them under Trump one and they started to
05:09
comply with some of that and the Biden administration there was no enforcement
05:12
and to some degree they've chosen their own path and when they're ready and
05:16
when they want to talk about how to you know have a better approach
05:19
obviously we always have an open door ambassador again I applaud the
05:23
president's efforts particularly as it regards China to push hard on China
05:28
already and to make them understand that we are not going to lay over and let
05:31
them run this world that the United States is going to reset the economic
05:36
stage thank you and you'll bet
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