Alexander Says Tariff Announcement Is “Disappointing News For Tennessee Workers”; Corker, Bredensen Also Respond

Thursday, March 8, 2018

Senator Lamar Alexander on Thursday released the following statement on the president’s announcement that he is enacting tariffs on imports of steel and aluminum:

 

“This is disappointing news for Tennessee workers. President Bush’s similar steel tariffs in 2002 backfired and proved that such tariffs destroy many more U.S.

manufacturing jobs than they save. Last week, just the threat of steel tariffs caused Electrolux, Europe’s largest home appliance manufacturer, to put on hold a $250 million expansion in Springfield, Tennessee, even though 100% of the steel Electrolux uses is produced in the United States. According to Electrolux, tariffs on imported steel raise prices on all steel sold in the United States and make it more difficult for U.S.-based manufacturing plants to compete with foreign manufacturers.”

 

Senator Alexander spoke on the Senate floor Monday about the effect these tariffs would have on Tennessee, saying, “This is especially bad news for Tennesseans because one third of our state’s manufacturing jobs are auto jobs with more than 900 plants in 87 of our 95 counties. It will now be cheaper for some Tennessee auto parts suppliers to move outside the United States, buy steel and aluminum there and then ship finished parts back to our country.”

 

Senator Bob Corker said, “While I share the president’s concerns regarding Chinese steel overcapacity, I am disappointed by the administration’s approach to this problem and ultimate decision to use a rarely used national security provision to implement new tariffs on steel and aluminum imports. A better way to level the playing field for American companies would be to rally our friends and allies to advance a robust, targeted effort to ensure that only those responsible for excess global capacity pay a price. Unfortunately, I fear this announcement could have far-reaching unintended consequences that will put at risk the hard fought economic gains U.S. businesses have seen over the past year. Hopefully, the president will come to realize this possibility and further narrow this announced policy.”

 

Former Governor Phil Bredesen said, "The tariffs on steel and aluminum that were signed today are a real problem for workers in Tennessee and their families. Broad tariffs are by their nature like taking a big axe to a problem that needs a scalpel -- the blow may be aimed at a real problem but usually creates lots of other damage in the process. 

"Here in Tennessee, both LG in Clarksville and Electrolux in Springfield have put new investment and hiring on hold in anticipation of these tariffs. Jack Daniels in Lynchburg is concerned about being damaged by the tariffs that the EU is considering in retaliation to ours.

"Washington needs a time out. I would urge President Trump to bring together a bipartisan group to discuss this issue. I would also urge the President to make this group light on Washington political insiders and heavy on leaders in communities out across America who actually know how this works in the real world and have some skin in this game."



Chattanooga Chamber Of Commerce And Young Professionals Of Chattanooga Open Applications For Protégé Mentoring Program

Martin Pierce Again Named In Best Lawyers In America

Chattanooga Chamber Calendar Of Events Sept. 19-23


Young Professionals of Chattanooga (YPC) and the Chattanooga Chamber of Commerce are accepting applications for the 2019-20 Protégé Chattanooga program. Protégé Chattanooga is a nine month ... (click for more)

Attorney Martin L. Pierce, a Certified Estate Planning Specialist in Chattanooga, has again been selected and is included in the 2020 edition of The Best Lawyers in America in the areas of Wills, ... (click for more)

Aug. 20, Government Contracting 9 a.m.-noon INCubator: 100 Cherokee Blvd. Contracting with the federal government can open the door to many opportunities for your small business and can ... (click for more)


Business

Chattanooga Chamber Of Commerce And Young Professionals Of Chattanooga Open Applications For Protégé Mentoring Program

Young Professionals of Chattanooga (YPC) and the Chattanooga Chamber of Commerce are accepting applications for the 2019-20 Protégé Chattanooga program. Protégé Chattanooga is a nine month team-based mentoring program in which early and mid-career professionals learn from local executives and their peers. Protégé offers two cohorts, day and evening, that will be made ... (click for more)

Martin Pierce Again Named In Best Lawyers In America

Attorney Martin L. Pierce, a Certified Estate Planning Specialist in Chattanooga, has again been selected and is included in the 2020 edition of The Best Lawyers in America in the areas of Wills, Trusts and Estates, Tax Law, Closely Held Companies and Family Businesses Law, and Employee Benefits Law. A member of the National Academy of Elder Law Attorneys and a Certified Estate ... (click for more)

Breaking News

Man, 44, Stabbed To Death On East Main Street

Chattanooga Police said a 44-year-old man died after being stabbed in the 1200 block of East Main Street around midnight Thursday. Upon arrival, officers located a man suffering from a stab wound. Hamilton County EMS responded and transported the victim to a local hospital. Officers secured the scene and called for the Violent Crimes Bureau to respond. Investigators ... (click for more)

Gary Cross, 23, Is 4th Suspect Arrested In Shooting Death Of Tracy Calloway On July 21

On Friday a fourth suspect, Gary Cross, 23, was arrested on outstanding warrants in relation to the July 21, 2019 shooting which occurred in the 4600 block of Trailwood Drive. The victim from that shooting, Tracy Calloway succumbed to injuries sustained from that shooting on July 22. The arrest of Cross is a result of an extensive investigation by the CPD Homicide Unit. ... (click for more)

Opinion

Good Sports Bar News

Just had dinner Tuesday night at Jonathan's Grille location in Hendersonville, Tn. When in Murfreesboro or Nashville, it's one of my favs. Just a great sports bar concept and menu. So happy to hear the Revelette brothers are bringing their brand (and their pizza night) to the old 212 Market location in downtown Chattanooga. Bring it on! Garry Mac (click for more)

Roy Exum: The Saturday Funnies

As I stood in the checkout line of the Walmart in Tiftonia this week, my newest friend named Harold asked me, “What’s the difference between an outlaw and an in-law. As I searched my mind, Harold responded, “Outlaws are wanted!” I immediately accepted his joke as a good omen. It helps me to remind readers of The Saturday Funnies, I just collect them during the week and pass them ... (click for more)