MOLINE – A new report shows that President Trump’s trade war with China has cost more than $230 million dollars for households in Illinois’ 17th Congressional District. The total cost to Illinois families has been a staggering $4 billion.
“This report shows once again that President Trump’s reckless trade war is wreaking economic havoc on consumers, small businesses and Illinois families,” Congresswoman Bustos said. “Let’s be clear – China isn’t paying for this trade war, it’s families and farmers in our Congressional District who are shouldering this burden to the tune of more than $230 million. This makes no economic sense. I once again urge the president to pursue stable trade policies that will expand markets and grow the economy here in Illinois.”
Congresswoman Bustos, a member of the House Agriculture Committee, has consistently spoken out about the trade war and its damaging impact on Illinois families. Earlier this month, China announced it would halt all agricultural imports from the United States. Additionally, Congresswoman Bustos invited House Speaker Nancy Pelosi to a roundtable discussion with the Illinois Farm Bureau where trade and agriculture conditions were discussed. Finally, Congresswoman Bustos has been a longtime advocate to open new markets for Illinois producers – including legislation to increase agricultural trade with Cuba.
Read the report here.