Title: Affirming that trade is an integral part of the United States economy and the importance of the United States-Mexico economic relationship.
Policy area: Foreign Trade and International Finance

Summary:
This resolution affirms the importance of the United States' economic relationship with Mexico as an essential trading ally and opposes the implementation of tariffs on all goods imported from Mexico.

[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 433 Introduced in House (IH)]

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116th CONGRESS
  1st Session
H. RES. 433

 Affirming that trade is an integral part of the United States economy 
 and the importance of the United States-Mexico economic relationship.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 10, 2019

   Mr. Stanton (for himself, Mrs. Kirkpatrick, Mr. Grijalva, and Mr. 
Gallego) submitted the following resolution; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
 Affirming that trade is an integral part of the United States economy 
 and the importance of the United States-Mexico economic relationship.

Whereas trade is foundational to the United States economy and maintaining 
        healthy trade relationships is essential to creating new jobs and 
        maintaining a prosperous economy;
Whereas Mexico is one of the United States most important trading partners, 
        recently surpassing China as our country's top trading partner for 2019;
Whereas trade with Mexico accounted for 14.5 percent of all United States trade 
        in 2018;
Whereas approximately 60,000 United States companies export to Mexico, roughly 
        one-third of which are small- and medium-sized businesses;
Whereas President Donald Trump has indicated that it is a viable strategy to 
        impose a tariff on all imports from Mexico that would increase over 
        time;
Whereas the Department of Commerce estimated that if a 5 percent tariff on all 
        imported goods from Mexico--which totaled $346,500,000,000--had been 
        imposed last year, it would have created a potential tax increase on 
        United States businesses and consumers of $17,000,000,000;
Whereas if the tariffs increased to 25 percent, the tax burden imposed on United 
        States consumers and businesses would soar to $86,000,000,000;
Whereas if the tariffs are implemented on Mexican imports, Mexico could 
        retaliate by imposing tariffs on United States exports--which last year 
        alone reached more than $265,000,000,000--further harming United States 
        workers, businesses, and consumers;
Whereas Mexico was the largest supplier of agricultural imports to the United 
        States in 2018, with a total of $26,000,000,000 worth of produce and 
        processed fruits and vegetables, and any tariff imposed on these goods 
        would likely be passed to United States consumers and families; and
Whereas the imposition of tariffs would create economic uncertainty and 
        potential retaliatory tariffs could cause an unexpected supply chain 
        disruption, likely leading to work stoppages at United States auto and 
        manufacturing plants, and risking the furlough of United States workers 
        and the shutdown of production lines: Now, therefore, be it
    Resolved, That the House of Representatives--
            (1) affirms that trade is an integral part of the United 
        States economy;
            (2) affirms the importance of the United States-Mexico 
        economic relationship;
            (3) affirms that Mexico is an essential trading ally; and
            (4) opposes the implementation of tariffs on all goods 
        imported from Mexico.
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