WASHINGTON, DC– Rep. Pete Olson (TX-22) today issued the following statement in response to the President’s proposed 25% tariff on steel imports and a 10% tariff on aluminum imports:
“While I appreciate the President’s goal to support American manufacturers, I am concerned by proposed tariffs on steel and aluminum imports” Rep. Pete Olson said. “We must tread carefully when imposing tariffs of this size as they often have unintended consequences on American businesses. Trade is the lifeblood of our nation’s economy and products like steel move Texas businesses, particularly energy production. A tariff on these imports could severely impact this industry vital to the Houston region. I look forward to hearing more about the President’s plan.”