Pelosi Statement on Trump Trade Brinkmanship

Contact: Ashley Etienne/Henry Connelly, 202-226-7616

San Francisco – Democratic Leader Nancy Pelosi issued this statement after President Trump announced his plans to punish China for its unfair trade practices with World Trade Organization litigation and major tariffs on $50 billion worth of Chinese goods:

"President Trump campaigned on a promise to confront China's unfair trade practices, but his continued chaotic trade brinkmanship threatens to invite retaliation that harms American workers and farmers, and the American economy. Last week, the President revealed the utter hollowness of his promises by pledging American government resources to a Chinese company that has violated U.S. sanctions by selling technology to North Korea and Iran, and that is a known cyber security risk to the United States.

"Strong, smart and strategic action not reckless and rash floundering is needed to confront China's brazen trade cheating. Beijing's regulatory barriers, localization requirements, labor abuses, theft of trade secrets and counterfeiting of designs, anti-competitive ‘Made in China 2025' policy and many other unfair trade practices threaten America's ability to compete both in China and with China around the world.

"While the President sells out American workers, Democrats are offering A Better Deal, with Better Jobs, Better Wages and a Better Future for all. We must work multilaterally and in concert with our allies for a full and comprehensive approach to China's abusive trade practices."

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