Illinois HR 119: STOP-TARIFF PLANS

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HR0119LRB104 12115 LAW 22214 r

1HOUSE RESOLUTION

2 WHEREAS, President Donald Trump's recklessly proposed 

3tariffs plans would raise costs on Illinois families; and

4 WHEREAS, Estimates from the Peterson Institute for 

5International Economics indicate President Trump's trade plan 

6would increase the cost of living when American families can 

7least afford it; his agenda would cost every family up to 

8$2,600 in new expenses every year for everyday purchases, 

9including groceries, gas, utilities, and other goods; and

10 WHEREAS, Economists project that President Trump's trade 

11plans will result in greater inflation for the United States; 

12and

13 WHEREAS, Illinois' farming communities would be among the 

14hardest hit; during the first Trump Administration, a chaotic 

15and unsuccessful "trade war" instigated by President Trump 

16decimated international demand for American soybeans and other 

17agricultural products, boosting the prospects of countries 

18like Brazil and Argentina while hurting the bottom line of 

19American farmers and raising domestic grocery costs; 

20economists anticipate his current trade agenda could double 

21the cost of some foods; and

HR0119- 2 -LRB104 12115 LAW 22214 r

1 WHEREAS, American manufacturers and emerging technologies, 

2such as microchips, would fall behind as a direct result of 

3President Trump's trade plans, crushing emerging markets here 

4in Illinois and denying economic opportunities for families; 

5and

6 WHEREAS, Even as President Trump scrambles to pause his 

7misguided and costly trade plans, Illinois families are 

8feeling the burden, as the initial prospect of his agenda sent 

9markets into a steep decline, and this instance of flailing 

10leaders