Below are statements from Ways and Means Ranking Member Dave Camp (R-MI) and Trade Subcommittee Ranking Member Kevin Brady (R-TX) regarding H. Res. 1465, a resolution reaffirming the longstanding friendship and alliance between the United States and Colombia. The statements congratulated Colombia on its democratic election and noted that the United States should strengthen its alliance…
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As the Washington Post today reported, the chairman of the Business Roundtable “accused the president and Democratic lawmakers Tuesday of creating an ‘increasingly hostile environment for investment and job creation.’”
In a letter from the Business Roundtable and The Business Council to Office of Management and Budget Director Peter Orszag, these business leaders stated that policies…
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JUAN MANUEL SANTOS has demonstrated that pro-American, pro-free-market politicians still have life in Latin America. Mr. Santos, who romped to victory in Colombia's presidential runoff on Sunday, has no interest in courting Iran, unlike Brazil's Luiz Ignácio Lula da Silva. He has rejected the authoritarian socialism of Venezuela's Hugo Chávez. A former journalist with degrees from the…
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Washington, DC – Today, Ways and Means Ranking Member Dave Camp (R-MI) issued the following statement in reaction to China's announcement that it would increase the flexibility of its exchange rate.
"China’s recent announcement on its currency is a welcome first step, but China must translate this into action by allowing its currency to appreciate against the dollar to ultimately…
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Eighty years ago, on June 17, 1930, President Herbert Hoover signed the infamous Smoot-Hawley tariff, significantly raising the duties on imported goods. Hoover and his congressional allies thought that reducing imports would strengthen the economy. Instead, it contributed to a collapse in world trade and the spread of protectionism around the globe. The lessons from this policy mistake…
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Thank you, Chairman Levin.
I believe there is a clear and unified message this Committee and this Congress would like to send to China, and it is this: China is not acting in good faith and is aggressively engaged in a series of troubling and downright protectionist policies that put our economic relationship at risk. Unless China immediately begins to eliminate trade barriers and end…
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Washington, D.C- Ways and Means Ranking Member Dave Camp (R-MI) today issued the following statement upon the launch of AmericaSpeakingOut.com, which invites active participation from the American people on issues of job creation, health care, tax reform and fiscal accountability among others. America Speaking Out is an effort of House Republicans to engage the American people in an…
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Mr. Chairman, thank you for convening this important hearing, and thank you and your trade staff for collaborating so closely with our side of the aisle on this hearing and customs reauthorization legislation. I hope that we will move together to pass legislation this year. Customs issues can be technical and difficult to understand, but they are the “nuts and bolts” of trade and are…
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THESE ARE tense times on the Korean Peninsula. A South Korean patrol boat has been sunk, probably by a North Korean torpedo, with the loss of 46 lives. Seoul is groping for a response that is both appropriately tough and appropriately restrained -- at a time when North Korea seems more politically unsettled and, hence, dangerous, than it has been in recent memory. Prosperous, democratic…
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Washington, DC – Ranking Member Dave Camp (R-MI) today made the following remarks at a press conference with United States Trade Representative Ron Kirk, celebrating the 10th anniversary of the African Growth and Opportunity Act (AGOA). In the past decade, AGOA has helped countries develop and diversify their exports, and most importantly, it supports jobs in the United States and Africa.…
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