summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This resolution opposes President Donald J. Trump's tariff policy on imported products, including a 25 percent tariff on steel, aluminum, cars, and auto parts, as well as a 10 percent universal import duty of on all products, with reciprocal tariffs to follow. President Trump has also imposed, paused, and threatened additional reciprocal and retaliatory tariffs creating significant uncertainty for global markets. These tariffs function as taxes on imports, which economists broadly agree are passed on to consumers and businesses in the form of higher prices. Increases in the cost of imported goods will lead to higher costs of living for New Jersey residents and operating costs for New Jersey businesses. These economic burdens threaten to reduce employment opportunities and diminish the State's overall economic output. Given the harmful effect of these tariffs on New Jersey residents and American consumers more broadly, this House strongly opposes President Trump's current and proposed tariffs.
AI Summary
This resolution opposes President Donald J. Trump's tariff policy on imported products, which includes significant taxes on goods like steel, aluminum, cars, and auto parts, as well as a general 10 percent duty on all imports, with the potential for further retaliatory tariffs. Tariffs are essentially taxes on imported goods, and economists generally agree that these costs are passed on to consumers and businesses through higher prices. This policy is seen as harmful to New Jersey residents and businesses by increasing the cost of living and operating expenses, potentially leading to job losses and reduced economic output, especially given New Jersey's reliance on international trade through its busy ports. The resolution also references the General Agreement on Tariffs and Trade (GATT), an international accord aimed at reducing trade barriers, which has evolved into the World Trade Organization (WTO).
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Introduced, Referred to Assembly Oversight, Reform and Federal Relations Committee (on 01/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.njleg.state.nj.us/bill-search/2026/AR72 |
| BillText | https://pub.njleg.gov/Bills/2026/AR/72_I1.HTM |
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