Bill > HR237

This resolution condemns the tariff policy of the President of the United States, highlighting significant economic concerns stemming from the President's actions. The resolution notes that on April 2, 2025, the President announced reciprocal tariffs on over 100 countries with rates ranging from 10% to 50%, based on trade deficits, which caused global stock market turmoil and the S&P 500 to drop nearly 19%. The proposed tariffs were estimated to effectively be a $2,100 tax increase per household, potentially hurting lower-income families and imposing an additional $5.3 billion in costs on businesses. The resolution criticizes the President's tariff strategy as erratic and unpredictable, arguing that the policy makes the United States appear to be an unreliable trading partner, creates economic uncertainty, and is unlikely to achieve its intended economic goals. Ultimately, the resolution calls on the House of Representatives to condemn the tariff policy and urges the President to end it, with a directive to send copies of the resolution to the President and Pennsylvania's Congressional representatives.

Government Affairs

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=R&bn=237