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WASHINGTON (July 12, 2018) – The following statement may be attributed to American Chemistry Council (ACC) President and CEO, Cal Dooley, in response to companion legislation introduced by Rep. Mike Gallagher (R-WI) and five bipartisan co-sponsors that mirrors a Senate bill spearheaded by Sen. Bob Corker (R-TN) and Sen. Pat Toomey (R-PA) to require congressional approval of Section 232 tariff increases:

“Congressional leaders deserve an opportunity to review any and all tariff increases that have the potential to derail U.S. manufacturing and hurt our economy. ACC and our members were among the very first business groups to support the Corker-Toomey bill, and we extend our strong support to Rep. Gallagher and Reps. Kind, Sanford, Panetta, Lance, and Costello for their bipartisan effort to bring more dialogue and congressional engagement to U.S. trade policy.

“The total value of U.S. chemicals and plastics exports impacted by the president’s unilateral actions on trade is now $9 billion and rising. The chemical manufacturing industry is still poised for unprecedented growth and job creation as more than $194 billion in new chemical industry investment comes online, but U.S. officials must first do everything in their power to stop the bleeding. We encourage Congress and the President to use this opportunity to work together to pursue a more constructive, multilateral approach to trade negotiations that stakeholders from all sides can support.”

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