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Greg Stanton: 'Trump's Tomato Tax' Puts $8.3 Billion Of Economic Activity At Risk
Forbes Breaking News
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2 days ago
During a speech on the House floor on Tuesday, Rep. Greg Stanton (D-AZ) spoke about President Trump's new tariffs on tomatoes.
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00:00
What purpose does the gentleman from Arizona seek recognition?
00:03
Madam Speaker, I ask the announcement to address the House for one minute and revise my remarks.
00:09
Without objection.
00:12
Madam Speaker, I rise today in strong opposition to the Department of Commerce's decision to terminate
00:18
the tomato suspension agreement and slap a 20% tariff on tomatoes imported from Mexico.
00:24
This is a political choice that directly raises prices on American families and hurts American
00:30
workers and businesses.
00:32
It hits Arizona's economy especially hard.
00:36
Nearly half of all tomatoes imported from Mexico come through our state.
00:40
This industry supports more than 22,000 jobs in Arizona, 50,000 nationally, and Trump's
00:47
tomato tax puts an $8.3 billion in economic activity at risk.
00:53
In fact, 136 Arizona businesses have formally urged the Department of Commerce to preserve
00:59
the tomato suspension agreement.
01:00
Restaurants, retailers, trucking companies, chambers of commerce.
01:04
This is all to overturn an effective and enforceable agreement that has been in place for almost
01:08
30 years, and it drives us away from Mexico at a time when we should be expanding our relationship
01:14
with Arizona's and America's largest trading partner.
01:18
Ending the tomato suspension agreement will lead to higher tomato prices and shortages around
01:22
the country, I urge the Commerce Department to reverse course and I yield back.
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