Washington D.C. – The Tariff Reform Coalition (TRC) today welcomed Senators Pat Toomey (R-PA) and Mark Warner’s (D-VA) continued efforts to reassert Congressional authority over Section 232 tariffs with the re-introduction of the Bicameral Congressional Trade Authority (BCTA) Act. TRC supports greater Congressional oversight over national security trade actions and urges Congress to move swiftly on this legislation.
“The TRC, and its predecessor ACSAT (the Alliance for Competitive Steel and Aluminum Trade), have long supported legislation that reasserts Congressional authority over trade,” said NFTC President Jake Colvin. “Over the past few years we have seen how harmful tariffs can be for industries all across the U.S. economy, and it is past time that Congress moves to ensure that such actions are taken only when necessary to protect our national security and after having consulted with the industries that would be most affected.”
About the NFTC
Serving America’s Global Businesses Since 1914– The National Foreign Trade Council (www.nftc.org) is a leading business organization advocating an open, rules- based global trading system. Founded in 1914 by a broad-based group of American companies, the NFTC now serves its member companies through its office in Washington D.C.
